Live: Mindtree adds 974 employees in Q4 FY 2013

Infotech Lead India: Mindtree has added 974 employees in the fourth quarter of FY 2013.

Its total employee base stood at 11,591 as of March 31, 2013.

Mindtree’s Q4 FY 2013 revenues rose 7.6 percent to $113 million

Net profit increased 5.8 percent to $14.6 million. However, on quarter-to-quarter basis, its net profit declined 20.8 percent.

Krishnakumar Natarajan, CEO & managing director, Mindtree, said: “In a challenging year, we have delivered revenue growth and better margins. We have also delivered consistently quarter after quarter, setting up a platform for continued improvements. We have made solid investments in leadership development, brand building and sales force enhancement.”

For full year, Mindtree’s revenue increased 8.2 percent to $435.7million.

Net profit rose 36.1 percent to $62.5 million.

The BPO major had 232 active customers as of March 31, 2013.

Mindtree on Monday said its $20 million customers increased by 1 to 5.

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