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LTIMindtree Ltd - 540005 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript for Earnings call held on July 17, 2024 is attached.
22-07-2024
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We expect Q1's momentum to continue into Q2: LTI Mindtree CEO

LTIMindtree was formed in 2022 after the merger of two IT majors Mindtree and Larsen & Toubro Infotech (LTI)
21-07-2024

LTIMindtree Results Earnings Call for Q1FY25

Conference Call with LTIMindtree Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
17-07-2024
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LTI Mindtree Q1FY25 results: Net profit down by 1.5%; revenue surges 5%

The management attributed the increase in revenue to the ramp-up in deals seen in previous quarters
17-07-2024
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Q1FY25 Quarterly Result Announced for LTIMindtree Ltd.

IT Consulting & Software company LTIMindtree announced Q1FY25 results: Financial Highlights: In USD: Revenue at USD 1,096.2 million (+2.5% QoQ / +3.5% YoY) Net profit at USD 136.1 million (+2.8% QoQ / -2.9% YoY) In INR: Revenue at Rs 91,426 million (+2.8% QoQ / +5.1% YoY) Net profit at Rs 11,351 million (+3.1% QoQ / -1.5% YoY) Other Highlights: Clients: 748 active clients as of June 30, 2024 USD 1 million+ clients increased by 2 on a YoY basis, total 390 USD 20 million+ clients increased by 3 on a YoY basis, total 43 People: 81,934 professionals as of June 30, 2024 Trailing 12 months attrition was 14.4% Debashis Chatterjee, Chief Executive Officer and Managing Director, said: “While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of USD 1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in USD terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at USD 1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.” Result PDF
17-07-2024
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LTIMindtree Ltd - 540005 - Incorporation Of A Subsidiary

Board of Directors have accorded approval to set-up an entity by way of a wholly owned subsidiary in Brazil, with an initial investment of USD 1 Mn.
17-07-2024
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