Mindtree Q3 Net Profit Rises - Quick Facts

Mindtree, a global technology consulting and services company, reported third quarter net profit of $44.2 million, up 59.3% from previous year. Revenue was at $274.1 million, a decline of 0.4% from last year.

Mindtree recorded 276 active clients as of December 31, 2020. The company added 8 new clients during the quarter.

Debashis Chatterjee, Chief Executive Officer and Managing Director,MINDTREE, said: "We are witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities. We are now well-positioned to continue delivering profitable growth."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
CVS Health is set to recruit qualified candidates to fill 25,000 clinical and retail jobs during a one-day national career event on Friday, September 24. This will enable CVS to meet the high demand for pharmacists, pharmacy technicians, nurses, and retail store associates to support flu season, COVID-19 vaccinations and testing. Twitter, Inc. (TWTR) announced Monday that it has entered into a binding agreement to settle the consolidated class action lawsuit commenced in 2016 in the United States District Court for the Northern District of California. Under the terms of the proposed settlement, Twitter will pay $809.5 million... Drug major Pfizer has again expanded the earlier two recalls of its anti-smoking Drug Chantix (Varenicline) in the form of tablets, to now include all the lots, for the potential presence of nitrosamine impurity, N-Nitroso- varenicline, at or above the FDA interim acceptable intake limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement.
Follow RTT