{"id":4913,"date":"2022-01-13T11:50:00","date_gmt":"2022-01-13T11:50:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3630281_AE30281_0"},"modified":"2022-01-13T11:50:00","modified_gmt":"2022-01-13T11:50:00","slug":"mindtree-reports-strong-performance-in-q3-fy22","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=4913","title":{"rendered":"Mindtree Reports Strong Performance in Q3 FY22"},"content":{"rendered":"\n\n\n
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BANGALORE, India<\/span> and WARREN, N.J.<\/span>, Jan. 13, 2022<\/span> \/PRNewswire\/ — Mindtree<\/a>, a global technology services and digital transformation company, announced its consolidated results today for the third quarter ended December 31, 2021<\/span>, as approved by its Board of directors.<\/p>\n

“We are pleased to have continued our positive revenue momentum through the third quarter of FY22 on the back of robust demand, aggressive customer mining, and end-to-end digital transformation capabilities,” said Debashis Chatterjee<\/span>, Chief Executive Officer and Managing Director, Mindtree. <\/b>“Our sequential revenue growth of 5.2% in constant currency reflects the strength of our strategy, execution, partnerships, and continued investments in our business and people. Our order book for the quarter was $358 million<\/span>, up 14.6% year-over-year, and our year-to-date deal TCV crossed $1.2 billion<\/span>. Our EBITDA margin for the quarter was 21.5%. In the first nine months alone, our PAT of $158.8 million<\/span> surpassed PAT of the preceding fiscal year. The passion of our future-ready talent and the trust of our clients position us well in our endeavor to continue to deliver profitable industry-leading growth in the coming years.”<\/p>\n

Key financial highlights:                                        <\/b><\/p>\n

Quarter ended December 31, 2021<\/span><\/i><\/b><\/p>\n