MindTree Limited, a global IT and R&D Services Company, announced its results today for the first quarter ended June 30, 2008 as approved by its Board of Directors.
Standalone Financial Highlights for the First Quarter Ended June 30, 2008
Other Q1 2008-09 Highlights
Speaking about the results, MindTree Chief Executive Officer Krishnakumar Natarajan said, "We are pleased that even in the current uncertain global economic conditions, we have managed to show impressive revenue growth. We continue to see good traction for both IT Services and R&D Services businesses and are confident of achieving our revenue and profit guidance for the year."
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
MindTree Limited is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree's IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services.
MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Hewitt Associates and Mercer/TNS, and is also the winner of the MAKE Award for knowledge management. MindTree has been selected as one of the Top 25 companies for good Corporate Governance practices. MindTree is publicly listed in India. Please visit us at www.mindtree.com.