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LTIMindtree net profit rises 7.7% to ₹1,251 crore
The New Indian Express
|October 18, 2024
LTIMindtree on Thursday reported a 7.7% increase in its consolidated net profit to ₹1,251 crore. The company had reported net profit of ₹1,161.8 crore in the year-ago period. Its revenue from operations in the second quarter stood at ₹9,432.9 crore, a 5.9% increase compared to ₹8,905.4 crore in the same quarter last year. Its operating margin (EBIT) stood at 15.5% in the September quarter.
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“Q2 was a good quarter marked by broad-based sequential growth experienced across all our verticals and geos, helping us register a dollar growth of 2.8%. We had several multi-year deal closures, including a $200 million+ deal. Continued deal momentum in key verticals and significant Q2 hiring, including freshers, positions us well as we enter i
Cette histoire est tirée de l'édition October 18, 2024 de The New Indian Express.
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