Interim report
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Mindtree Starts FY22 With Strong First Quarter Growth and Highest - Ever Order Book First quarter revenues up 7.7 % sequentially , order book exceeds half - a - billion USD Bangalore ( India ) and Warren ( NJ ) , July 13 , 2021 : Mindtree , a global technology services and digital transformation company , announced its consolidated results today for the first quarter ended June 30 , 2021 , as approved by its Board of directors . " We are pleased to report a strong start to FY22 with broad - based first - quarter growth across all service lines and industry segments , ” said Debashis Chatterjee , Chief Executive Officer and Managing Director , Mindtree . " For the quarter , revenues were $ 310.5 million , up 7.7 % sequentially , and EBITDA was 20.3 % , demonstrating the resilience of our business in a challenging environment . Our highest ever orderbook of $ 504 million affirms that the focused execution of our strategy and our client - centricity in re - imagining business models for the digital era are helping us drive profitable and sustainable growth . We are proud of the passion and perseverance with which Mindtree Minds have continued to deliver value to our clients and exceed their expectations despite difficult conditions . " Key financial highlights : Quarter ended June 30 , 2021 In USD : Revenue was $ 310.5 million ( growth of 7.7 % q - o - q / 22.6 % y - o - y ) Net profit was $ 46.5 million ( growth of 7.5 % q - o - q / 64.7 % y - o - y ) In INR : ● O O O Revenue was 22,917 million ( growth of 8.6 % q - o - q / 20.1 % y - o - y ) Net profit was 3,434 million ( growth of 8.2 % q - o - q / 61.2 % y - o - y ) Other highlights : O Clients : 260 active clients as of June 30 , 2021 O $ 5 million + clients grew by 3 , total 47 O $ 10 million + clients grew by 5 , total 25 $ 20 million + clients grew by 1 , total 8 O O People : O Mindtree A Larsen & Toubro Group Company O 27,256 Mindtree Minds as of June 30 , 2021 Trailing 12 months attrition is 13.7 % O Mindtree Limited 2021