Mindtree revenue grew 3% sequentially to $206.03 million in the three months to September (2.1% rise in constant currency terms), in-line with their lower single-digits growth guidance. For the quarter ended September, Mindtree’s revenue grew 3% sequentially to $206.2 million while net profit grew 2.5% to $19.3 million. In rupee terms, the company reported revenue of Rs1,331.6 crore and a net profit of Rs124.7 crore. In the June quarter, Mindtree cut its growth guidance primarily due to poor performance of Bluefin. In the previous quarter Bluefin faced operational challenges in terms of crossselling that did not pan out as originally anticipated.

Source: Economic Times October 25, 2017 14:42 UTC