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Mindtree's revenue sees muted growth but won over $300 million of deals

Mindtree also said it now had its first-ever $100 million client.

Mindtree's third-quarter revenue rose marginally and the company promised similar results for the fourth quarter as IT spending by its top clients remains muted.

Despite the muted growth, the Bengaluru-headquartered IT firm said it won over $300 million of deals, a record amount for the mid-sized player, that would begin to boost growth from the first quarter of FY18. Mindtree also said it now had its first-ever $100 million client.