This means a Mindtree shareholder will get one bonus share for every one equity share held, subject to shareholder approval.
Mindtree reported a net profit of Rs 98.2 crore in the quarter ended March 31, 2014, vs analyst expectations of Rs 87.1 crore. This is an 11 per cent sequential growth from its December quarter and 24.5 per cent rise from the same quarter a year earlier.
During the year, Mindtree crossed the half a billion dollars in revenue. For 2013-14, it reported revenues of $501 million, a growth of 15 per cent.