Nd Eighth Consecutive Quarter Of More Than 20 Per Cent Ebitda Margin Notably News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bengaluru (Karnataka) [India], October 13 (ANI/PRNewswire): Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the second quarter that ended September 30, 2022, as approved by its Board of directors. "Our robust performance in the second quarter of FY23 marked a solid first half of the year," said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. "We not only delivered strong revenues of USD 422.1 million, up 7.2 per cent sequentially in constant currency, but also maintained our EBITDA margin at a healthy 21 per cent despite wage hikes across the board, making it our seventh consecutive quarter of more than 5 per cent revenue growth in constant currency, and eighth consecutive quarter of more than 20 per cent EBITDA margin. Notably, with an order book of USD 518 million, our H1 signings crossed USD 1 billion for the first time in our history, thanks to our ability to help ou ....

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