{"id":155110,"date":"2023-10-20T05:18:01","date_gmt":"2023-10-20T09:18:01","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155110"},"modified":"2023-10-20T05:18:03","modified_gmt":"2023-10-20T09:18:03","slug":"lti-mindtree-ltd-q2fy24-2-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/lti-mindtree-ltd-q2fy24-2-fall-in-profits\/","title":{"rendered":"LTI Mindtree Ltd Q2FY24; 2% fall in Profits"},"content":{"rendered":"<p>Larsen &amp; 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.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>LTIMindtree Ltd reported Revenues for Q2FY24 of \u20b98,905.00 Crores up from \u20b98,228.00 Crore year on year, a rise of 8.23%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b97,529.00 Crores up from \u20b96,826.00 Crores year on year, a rise of 10.3%.<\/li>\n<li>Consolidated Net Profit of \u20b91,162.00 Crores down 2.27% from \u20b91,189.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b939.26, from \u20b9NaN.00 in the same quarter of the previous year.<\/li>\n<\/ul>\n<p>*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.<br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63-839x1024.png\" alt=\"\" class=\"wp-image-155111\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-63.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Larsen &amp; 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 Q2FY24 of \u20b98,905.00 Crores up from \u20b98,228.00 Crore year on year, a rise of [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8986],"class_list":["post-155110","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-information-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155862,"url":"https:\/\/alphastreet.com\/india\/greenlam-industries-ltd-q2fy24-34-rise-in-profits\/","url_meta":{"origin":155110,"position":0},"title":"Greenlam Industries Ltd Q2FY24; 34% rise in Profits","author":"Hardik Bhandare","date":"November 7, 2023","format":false,"excerpt":"Greenlam Industries is engaged in the business of manufacturing laminates, decorative veneers and allied products. 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