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LTIMindtree Q4 Net Profit Dips 1.2% to Rs 1,100.7 Crore – Prime Time News24


LTIMindtree has introduced its This autumn monetary outcomes.

LTIMindtree This autumn Outcomes: Its income from operations was pegged at Rs 8,892.9 crore within the fourth quarter of FY24, up 2.32 per cent from Rs 8,691 crore within the year-ago interval

Indian IT firm LTIMindtree on Wednesday reported a 1.2 per cent decline in consolidated web revenue to Rs 1,100.7 crore for the March quarter. The corporate had posted a web revenue of Rs 1,114.1 crore within the year-ago interval.

Income from operations was pegged at Rs 8,892.9 crore within the fourth quarter of FY24, up 2.32 per cent from Rs 8,691 crore within the year-ago interval, in line with a BSE submitting. For the total FY24, the online revenue stood 4 per cent larger at Rs 4,584.6 crore.

The income from operations for the total FY24 was Rs 35,517 crore, 7.03 per cent larger than the earlier fiscal, as per the submitting. “We closed FY24 amidst a tricky macro setting and delivered a resilient efficiency with full-year income progress of 4.4 per cent in USD phrases and an EBIT margin of 15.7 per cent,” Debashis Chatterjee, Chief Government Officer and Managing Director of LTIMindtree, stated in a launch.

The corporate’s order influx for the total yr was at USD 5.6 billion, registering a 15.7 per cent progress over FY23, he stated. “This progress displays the constructive outcomes of our positioning as an organisation with scale, expanded capabilities, and bigger partnerships. Because the market dynamics evolve, we’re excited to be a part of improvements, partnerships, and initiatives that our shoppers will embark on in FY25,” Chatterjee stated.

(This story has not been edited by Prime Time News24 workers and is revealed from a syndicated information company feed – PTI)

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