/C O R R E C T I O N -- Mindtree/

Bangalore, India and Warren, N.j. (ots/PRNewswire) - In the news release,
Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final
dividend of INR17.5 per share, issued 16-Apr-2021 by Mindtree over PR Newswire,
we are advised by the company that under the heading "Quarter ended March 31,
2021," the fourth bullet point should read "Net profit at INR3,173 million
(decline of 2.8% q-o-q / growth of 53.9% y-o-y)" rather than "Net profit at
INR3,173 million (decline of 2.8% q-o-q / 53.9% y-o-y)" as originally issued
inadvertently. The complete, corrected release follows:

Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final
dividend of INR17.5 per share

Mindtree (http://www.mindtree.com/) , a global technology services and digital
transformation company guiding its clients to achieve faster business outcomes,
announced its consolidated results today for the fourth quarter ended March 31,
2021, as approved by its board of directors.

"We are proud to deliver another strong quarter, driven by significant traction
in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of
21.9%, and an order book of $375 M at the end of Q4. Our journey of profitable
growth and seamless delivery during the pandemic year has been made possible by
the resilience of Mindtree Minds, the commitment of our leadership team, and
above all, the continued support of our clients," said Debashis Chatterjee,
Chief Executive Officer and Managing Director, Mindtree. "The final dividend of
INR17.5 per share announced today reinforces Mindtree's commitment to enhance
shareholder value. For the year, we delivered revenues of $1,076.5 M and margin
expansion of 680 bps, while increasing our order book by 12.3%. As we enter
FY22, we are confident that continued client demand for our transformative
services, a strong order book, and our strategic investments position us well to
deliver double digit growth and sustain EBITDA above 20%."

Key financial highlights:

Quarter ended March 31, 2021

- In USD:


- Revenue at $288.2 million (growth of 5.2% q-o-q / 3.5% y-o-y) Net
profit at $43.3 million (decline of 1.9% q-o-q / growth of 53.4%
y-o-y)
- In INR:


- Revenue at INR21,093 million (growth of 4.2% q-o-q / 2.9% y-o-y)
Net profit at INR3,173 million (decline of 2.8% q-o-q / growth of
53.9% y-o-y)

Year ended March 31, 2021

- In USD terms:


- Revenue at $1,076.5 million (decline of 1.1%) Net profit at $150.0
million (growth of 69.6%)
- In Rupee terms: