Mindtree Limited announced audited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter on standalone basis, the company reported revenue from operations of INR 13,442 million against INR 12,456 million a year ago (growth of 3.9% quarter-to-quarter /11.5% year-over-year). Total income was INR 13,499 million against INR 12,600 million a year ago. Profit before tax was INR 1,815 million against INR 1,453 million a year ago. Net profit for the period was INR 1,568 million against INR 1,105 million a year ago. Earnings per diluted share were INR 9.54 against INR 6.57 a year ago. EBITDA was INR 2,074 million against INR 1,740 million a year ago. ROCE was 24.4% against 22.2% a year ago.

For the nine months on standalone basis, the company reported revenue from operations of INR 38,969 million against INR 37,713 million a year ago (growth of 3.9% quarter-to-quarter /11.5% year-over-year). Total income was INR 40,276 million against INR 38,225 million a year ago. Profit before tax was INR 5,362 million against INR 4,465 million a year ago. Net profit for the period was INR 4,336 million against INR 3,394 million a year ago. Earnings per diluted share were INR 26.00 against INR 20.18 a year ago.

For the quarter on consolidated basis, the company reported revenue from operations of INR 13,777 million against INR 12,953 million a year ago. Total income was INR 13,836 million against INR 13,097 million a year ago. Profit before tax was INR 1,668 million against INR 1,379 million a year ago. Net profit for the period was INR 1,415 million against INR 1,031 million a year ago. Earnings per diluted share were INR 8.61 against INR 6.13 a year ago.

For the nine months on consolidated basis, the company reported revenue from operations of INR 39,988 million against INR 39,183 million a year ago. Total income was INR 41,299 million against INR 39,695 million a year ago. Profit before tax was INR 4,918 million against INR 4,290 million a year ago. Net profit for the period was INR 3,879 million against INR 3,214 million a year ago. Earnings per diluted share were INR 23.26 against INR 19.11 a year ago.

For the fourth quarter of 2018, the company's revenue growth is likely to be in the similar range of second quarter and third quarter of 2018.

For the year 2018, the company continues to be on track for high single-digit growth on a Mindtree consolidated basis. The tax rate outlook to be 24% to 26%.