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LTIMindtree Q4 misses estimates
April 24, 2025
|Financial Express Lucknow
IT SERVICES FIRM LTIMindtree reported lower-than-expected revenue and net profit for the March quarter, as clients continued to tighten spending on large-scale IT projects due to escalating geopolitical tensions and macroeconomic uncertainties.
The company is not alone in missing the analysts' estimates; its larger peers—Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro—also missed meeting the Street expectations on the revenue front.
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