Infographic: Mindtree Starts FY23 With Strong Growth and Record Order Book

With revenues of $399.3 million, up 5.5% sequentially in constant currency on the back of a healthy demand for the company’s digital capabilities, this was the sixth consecutive quarter of more than 5% revenue growth in constant currency. The EBITDA was 21.1%, underscoring our disciplined execution and operational rigor. Similarly, the net profit was $60.3 million resulting in a growth of 29.7% y-o-y basis.

The company had 274 active clients as of June 30, 2022 with 35 clients generating a order value of $10 million+ (increased by 3) and 18 clients generating a order value of $20 million+ (increased by 4). The company further had 37,455 professionals as of June 30, 2022 with an attrition of 24.5% (TTM).