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Mindtree posts record growth

Mindtree posted a 6.4% jump in revenue to $141.3 million in the June quarter over the preceding one, one of its fastest growth rates in recent times.

The mid-sized IT services firm posted a 36.7% increase in net profit to $21.7 million in the June quarter, compared to the March quarter, on account of improved operational metrics and a $2.3 million forex gain in the quarter compared to a $6 million forex loss in the previous one.