Mindteck (India) (BOM:517344) Research & Development : ₹0 Mil (TTM As of Dec. 2023)

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What is Mindteck (India) Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mindteck (India)'s Research & Development for the three months ended in Dec. 2023 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₹0 Mil.

Mindteck (India) Research & Development Historical Data

The historical data trend for Mindteck (India)'s Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mindteck (India) Research & Development Chart

Mindteck (India) Annual Data

Trend

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Research & Development

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Mindteck (India) Quarterly Data
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Mindteck (India) Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Mindteck (India) (BOM:517344) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Mindteck (India) Research & Development Related Terms

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Mindteck (India) (BOM:517344) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Mindteck (India) Ltd (BOM:517344) » Definitions » Research & Development

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MINDTECK:India

Address

Hosur Main Road, No. 664, 23/24, AMR Tech Park, Block-1, 3rd Floor, Bommanahalli, Bengaluru, KA, IND, 560068

Website

https://www.mindteck.com

Mindteck (India) Ltd provides product engineering and information technology services to clients, startups, universities, and the government. Its operations include providing software services to external customers and providing IT-enabled services to subsidiaries within the group. The company's core offerings are Product Engineering, Application Software, Electronic Design, Testing, IT Infrastructure & Managed Services, R&D Services, Energy Management Software Solutions, and Enterprise Business Services. Geographically, the group has a business presence in the United States, India, and other countries, of which key revenue is derived from the United States.

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