LTIMindtree Q1 results: Net profit rises over 3% QoQ to Rs 1,151.5 crore
LTIMindtree Q1 numbers: Revenue from operations came in at Rs 8,702.1 crore, up 0.12 per cent QoQ against Rs 8,691 crore logged in the preceding quarter
)
LTIMindtree Q1 numbers: LTIMindtree on Monday reported a net profit of Rs 1,151.5 crore for the June 2023 quarter (Q1FY24), up 3.39 per cent on a sequential basis. The company posted a profit of Rs 1,113.7 crore in the March 2023 quarter. On a year-on-year (YoY) basis, the profit grew 4.15 per cent.
Revenue from operations came in at Rs 8,702.1 crore, up 0.12 per cent QoQ against Rs 8,691 crore logged in the preceding quarter. On a YoY basis, revenue grew 13.8 per cent. Total income for the quarter under review stood at Rs 8,833.7 crore, up 0.87 per cent QoQ and 12.9 per cent YoY.
Revenue in US dollar terms increased 0.1 per cent QoQ to $1,058.7 million. On a YoY basis, it grew 8.1 per cent. Earnings before interest and tax (EBIT) stood at Rs 1,450.8 crore, up 2.1 per cent QoQ and 9.3 per cent YoY, the earnings presentation showed.
TRENDING NOW
Source: Earnings release
The shares of the company ended 0.78 per cent higher at Rs 5,133.95 apiece on the BSE.
04:29 pm
Insecticides India posts subdued Q1 results; management says company will do well in Q2 FY24 
NMDC jumps over 4% post-Q1 results; net profit grows 13% to Rs 1,661 crore
ITC Q1 Results Preview: Cigarette volumes may see up to 8% growth; all eyes on hotel business demerger update
Biocon shares edge lower post-Q1 earnings; net profit falls 11% to Rs 148.9 crore
Page Industries Q1 Results: Net profit comes in at Rs 158.3 crore, firm declares interim dividend of Rs 75/share