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MindTree's revenue crosses 100 million US Dollar mark

Written by: Staff
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Bangalore, Apr 1 (UNI) MindTree Consultant, an IT and R and D services company, today announced that it had become the fastest Indian IT company to cross the 100 million Dollar mark in revenue.

Announcing its performance for the fiscal 2005-06, MindTree, a release here, said it had achieved the important milestone in just six years, while Indian software services companies took two or three times as long to reach the mark.

The company said its revenue mark represented about 80 per cent growth over the previous year.

The IT services business of MindTree experienced solid growth during the year and it bagged several new customers across the globe inlcuding Imperial Tobacco Group, Essilor and Burger King.

During the year, MindTree led the way with several international recognitions and was rated as the leader in 'human capital develoment' by Global Services magazine, the release added.

UNI SIV RG GM1944

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