Mindtree Reports Constant Currency Revenue Growth of 0.4% q-o-q in Dollar Terms; Earns First $100 Million Client
"Strong deal closures in this quarter are testimony to our expertise-led transformation capabilities. We continue to be seen as a primary partner for both the'run the business' and 'change the business' technology initiatives of our clients," said Rostow Ravanan, CEO & Managing Director, Mindtree. "We are confident that these competencies and our distinctive culture keep us well positioned to succeed in the current dynamic environment. "
KeyFinancialHighlights:
Quarter ended December 31, 2016
*constant currency growth of 0.4%
Other Highlights:
Note: The financial results above are in accordance with Ind AS for the quarter and nine months ended December 31, 2016. Accordingly the figures for previous periods have been restated in accordance with Ind AS.
About Mindtree
Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. 'Born digital,' Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit http://www.mindtree.com to learn more.
Safe harbour
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Visit us at http://www.mindtree.com.
For more information, contact:
India
Debi Senapati
Mindtree
+91-99805-56784
[email protected]
United States
Andrea Dunbeck
Matter Communications
978-518-4555
[email protected]
Europe
Imogen Nation
Hotwire
+4420-7608-4675
[email protected]
