Mindtree has allotted 10,482 equity shares of Rs.10/- each under Mindtree Employee Restricted Stock Purchase Plan 2012 (Program 8) (ESPS/ERSP) today i.e., 13 October 2022. Powered by Capital Market - Live News

Net profit of Mindtree rose 27.53% to Rs 508.70 crore in the quarter ended September 2022 as against Rs 398.90 crore during the previous quarter ended September 2021. Sales rose 31.48% to Rs 3400.40 crore in the quarter ended September 2022 as against Rs 2586.20 crore during the previous quarter ended September 2021. ParticularsQuarter Ended�Sep. 2022Sep. 2021% Var. Sales3400.402586.20 31 OPM %20.4920.52 - PBDT731.80593.00 23 PBT666.70532.00 25 NP508.70398.90 28 Powered by Capital Market - Live News

Mindtree will hold a meeting of the Board of Directors of the Company on 13 October 2022.Powered by Capital Market - Live News

Mindtree announced that it has been named a Major Contender in Everest Group`s Industry 4.0 Services PEAK Matrix� Assessment 2022. This was Mindtree`s debut in Everest Group`s assessment of engineering service providers for their Industry 4.0 leadership. Everest Group positioned Mindtree as a Major Contender in terms of market impact, and vision and capability.As part of the assessment, Everest Group evaluated 22 engineering service providers across the globe. According to the report, Major Contenders are �actively making investments in establishing centers of excellence (CoEs) and developing IP and solutions in areas such as AI/ML, cloud, analytics, IIoT, edge computing, and blockchain for enhancing their capabilities and presence and bridging capability gaps across service functions that have hitherto not been a major focus�. Powered by Capital Market - Live News

Mindtree today announced the launch of Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity.Launched at Dreamforce 2022, Construction 360 combines Mindtree`s extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce`s advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time end-to-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to-market.The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting.Powered by Capital Market - Live News