WARREN, New Jersey and BANGALORE, India, July 17, 2019 /PRNewswire/ -- Mindtree, a global technology services and Digital transformation company, guiding it's clients to achieve faster business outcomes, announced its consolidated results today for the first quarter ended June 30, 2019 as approved by its board of directors.
Joint statement by Rostow Ravanan, MD & CEO and Pradip Menon, CFO on Mindtree's Q1 FY20 earnings – Watch here
"We have delivered stable results in the face of many uncertainties, reflecting the unique strengths of Mindtree," said Rostow Ravanan, CEO & Managing Director, Mindtree. "This quarter saw us achieve an all-time high contract closures which sets the pace for the rest of the year. While the external factors pose some challenges, nonetheless our focussed strategy and strong client relationships make us confident of delivering above Industry growth rates in FY 20 as well."
Key financial highlights:
Quarter ended June 30, 2019
Other highlights:
*Software that acts autonomously, free from any interference, human or otherwise, to perform a significant task which will otherwise be performed by a human
New Clients:
Existing Clients:
About Mindtree
Mindtree [NSE: MINDTREE] is a global IT consulting and services company which helps clients across 18 countries achieve business agility, competitive edge, and growth. We harness the power of Continuous Delivery, our digital expertise, industry knowledge, and research in emerging technologies to drive efficiencies and enable business innovation for over 346 clients.
Mindtree is consistently regarded as one of the best places to work. This is a reflection of our entrepreneurial, collaborative and dedicated "Mindtree Minds" who embody the winning culture that defines our commitment to excellence, innovation, and co-creation.
To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd
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 www.mindtree.com.
For more information, contact:
INDIA
Rahul Nag
Mindtree
+91-9958644228
Rahul.Nag@mindtree.com
UNITED STATES
Erik Arvidson
Matter Communications
+1-978-518-4542
earvidson@matternow.com
EUROPE
Susie Wyeth
Hotwire
+44(0)207-608-4657
susie.wyeth@hotwireglobal.com
Mindtree Limited, Global Village, RVCE Post, Mysore Road, Bangalore-560059;
CIN: L72200KA1999PLC025564; Phone: +91-80-6706-4000; Fax: +91-80-6706-4100;
E-mail: info@mindtree.com/investors@mindtree.com; Website: www.mindtree.com
© Mindtree 2019
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