Mindtree, a global Digital transformation andtechnology services company, announced its consolidated results for the third quarter ended December 31, 2017 as approved by its board of directors.
“Our ‘Execute Smart’ approach to Delivery continues to bear fruit and contributed to a robust quarter on all fronts. By delivering fast time-to-market for our solutions, we have created even further competitive advantage for our clients.” said Rostow Ravanan, CEO & Managing Director, Mindtree. “These strong results also reflect our ongoing leadership in Digital, and our unique ability to be the core Digital anchor-partner for next-generation Digital transformations.”
The Revenue stood at INR 13,777 million (growth of 3.5% q-o-q / 6.4% y-o-y), while Net profit was at INR 1,415 million (growth of 13.4% q-o-q / 37.2% y-o-y).
344 active clients as of December 31, 2017
17,200 Mindtree Minds as of December 31, 2017
Trailing 12 months attrition is 12.6%