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Mindtree Q1 profit up 32 %

Mindtree has reported a 4.4 per cent decline in net profit for the first quarter ended June 30, 2014, when compared with the year-ago period due to a fall in forex gains. Sequentially, the net profit rose by 31.5 per cent to Rs.129.4 crore. Revenues saw a year-on-year increase of 30.2 per cent at Rs.843.50 crore.