During the quarter, Mindtree said that it saw strong deal closures of $314 million.
"Strong deal closures in this quarter are testimony to our expertise-led transformation capabilities. We continue to be seen as a primary partner for both the 'run the business' and 'change the business' technology initiatives of our clients." said Rostow Ravanan, CEO & Managing Director, Mindtree.
In the December quarter, Mintree's revenues decline 0.4 per cent sequentially to $192.2 million while profit rose 8 per cent to $15.3 million.
(Also Read: How Wipro Is Pushing Through H-1B Visa, Trump Headwinds)
Its EBITDA or operating margin improved to 13.4 per cent in the December quarter from 12.5 per cent sequentially.
Mindtree also approved the extension of Krishnakumar Natarajan's tenure as executive chairman to June 30, 2020.
Mindtree shares ended 2 per cent lower at Rs 474.85 on Friday.
Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.