Wednesday, January 21, 2009

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MindTree net profit 48 percent down

Hit by a massive forex loss due to a weakening rupee, global IT services firm MindTree. Monday reported a lower consolidated net profit of Rs.103 million (Rs.10.3 crore) for the third quarter (October-December) of this fiscal (2008-09), posting a negative growth of 48 percent year-on-year.


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