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Incorporated in 1991, Mindteck Ltd is in the business of rendering engineering and IT services
Mindteck reported Q1 consolidated revenue of ₹104.08 Cr, up slightly YoY, but net profit dipped to ₹8.36 Cr. Management attributes this to elevated employee costs and AI investments. The company aims to boost margins through operational efficiencies, better utilization, and optimized delivery.
Mindteck's board approved Q1 FY27 financial results. Consolidated revenue hit Rs. 104.08 Cr, with net profit at Rs. 8.36 Cr. Management noted stable revenue but profit was impacted by rising costs & AI investments. Focus is on driving efficiency & margin growth.