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LTIMindtree Ltd Q1FY24; 4% rise in Profits

Larsen & Toubro Infotech Ltd offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries.

Financial Results:

LTIMindtree Ltd reported Revenues for Q1FY24 of ₹8,702.00 Crores up from ₹7,644.00 Crore year on year, a rise of 13.84%.

Total Expenses for Q1FY24 of ₹7,298.00 Crores up from ₹6,348.00 Crores year on year, a rise of 14.97%.

Consolidated Net Profit of ₹1,152.00 Crores up 4.16% from ₹1,106.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹38.92, down 38.28% from ₹63.06 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: IT
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