LTIMindtree Q4 Results: PAT rises 2% YoY to Rs 1,129 crore; Rs 45 per share dividend declared

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IT services company LTIMindtree reported 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1,129 crore in the fourth quarter, while revenue from operations increased 10% YoY to Rs 9,772 crore.

The Board has also recommended a final dividend of Rs 45 per equity share of Re 1 each, for approval of members at the ensuing annual general meeting.

On a sequential basis, PAT growth stood at 4%, while revenues grew by a marginal 1% quarter-on-quarter.

Revenues in constant currency terms rose 6% YoY in the January-March 2024 period, while in…



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LTIMindtree Q4 Results: PAT rises 2% YoY to Rs 1,129 crore; Rs 45 per share dividend declared


IT services company LTIMindtree reported 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1,129 crore in the fourth quarter, while revenue from operations increased 10% YoY to Rs 9,772 crore.

The Board has also recommended a final dividend of Rs 45 per equity share of Re 1 each, for approval of members at the ensuing annual general meeting.

On a sequential basis, PAT growth stood at 4%, while revenues grew by a marginal 1% quarter-on-quarter.

Revenues in constant currency terms rose 6% YoY in the January-March 2024 period, while in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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