LTIMindtree’s Q4 net profit up 2.5%

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LTIMindtree, the L&T Group’s software services arm, on Wednesday posted muted profit growth in the January-March quarter, a period when the Indian IT industry has flagged the impact of the US-triggered tariff war on client spending and warned of continued uncertainties.

Net profit for the quarter ended March 31 rose 2.5% from a year earlier to Rs 1,129 crore. Revenue increased 9.9% on year to Rs 9,772 crore, helped by foreign exchange gains because of the rupee’s weakness against the dollar and double-digit growth in its largest region, North…



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LTIMindtree’s Q4 net profit up 2.5%


LTIMindtree, the L&T Group’s software services arm, on Wednesday posted muted profit growth in the January-March quarter, a period when the Indian IT industry has flagged the impact of the US-triggered tariff war on client spending and warned of continued uncertainties.

Net profit for the quarter ended March 31 rose 2.5% from a year earlier to Rs 1,129 crore. Revenue increased 9.9% on year to Rs 9,772 crore, helped by foreign exchange gains because of the rupee’s weakness against the dollar and double-digit growth in its largest region, North…



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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