Mindtree Rating ‘Neutral’; Company continued to register robust growth
Mindtree Rating ‘Neutral’; Company continued to register robust growth
Mindtree’s revenues of $384 mn (+5.2% q-o-q in constant currency or cc, +4.7% q-o-q in USD terms) were marginally better than our estimate of 5% q-o-q cc growth. Growth was broad-based across verticals except for retail (-2.6% q-o-q growth in USD terms). Barring UK (which had a 6% q-o-q decline in revenues in USD terms), […]
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