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LTIMindtree profit drops 31% on labour code charge
January 20, 2026
|Financial Express Mumbai
POULOMI CHATTERJEE Bengaluru, January 19
-
LTIMINDTREE ON MONDAY reported a sharp 31% sequential decline in its net profit for the October-December quarter, as a onetime charge linked to the implementation of new labour codes weighed on earnings.
The country’s sixth-largest IT services company posted a net profit of ¥971 crore for the quarter, compared with ¢1,401 crore in the September quarter.
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