IT firm Mindtree receives its first client
Shital Jibhe / 21 Jan 2017
Mindtree informed the same during the release of its Q3FY17 results. During the quarter, Mindtree was seen closing strong deals worth 314 million dollars on the back of its expertise led transformation abilities.
Mindtree, a Bengaluru-based IT consulting and software company, received its first client in the 100 million dollar class.
Mindtree informed the same during the release of its Q3FY17 results. During the quarter, Mindtree was seen closing strong deals worth 314 million dollars on the back of its expertise led transformation abilities.
However, the company's revenue declined 0.4 per cent on sequential basis to 192.2 million dollar. The company's profit rose 8 per cent to 15.3 million dollar. The stock of Mindtree dropped 2 per cent on January 20, 2017 post tepid Q3 earnings report. Overall, MindTree added 300 million dollar worth contracts in the third quarter.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.