Margin in Q4 will be stable as compared to Q3: Mindtree

Mindtree posted a stellar set of Q3 numbers with margins improving across segments, revenue growth has also been in line with street estimates. In an interview with CNBC-TV18, Rostow Ravanan, CEO & MD and Jagannathan Chakravarthi Narasimhan, CFO of Mindtree discussed the company's Q3 performance.

Ravanan said that Q3 growth rate has been at a multi-year high.

He further said that higher pricing aided the margin in Q3.

According to him, margin in Q4 will be stable as compared to Q3.

Talking about the pipeline, Narasimhan said that the travel and hospitality deal pipeline has been doing well.

We have been seeing stability and growth in top clients, Ravanan added.

Pipeline in the organic business has been growing well, Narasimhan mentioned.

Watch accompanying video for more details.