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LTIMindtree Ltd - 540005 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

LTIMindtree and IBM Collaborate on watsonx Center of Excellence for Generative AI.
07-05-2024

LTIMindtree Results Earnings Call for Q4FY24

Conference Call with LTIMindtree Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
24-04-2024
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LTIMindtree Ltd - 540005 - Submission Of Auditor''s Report With UDIN

Submission of Auditor''s Report with UDIN
24-04-2024
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Q4FY24 Quarterly & FY24 Result Announced for LTIMindtree Ltd.

IT Consulting & Software company LTIMindtree announced FY24 & Q4FY24 results: Q4FY24 Financial Highlights: • In USD: Revenue at USD 1,069.4 million (-1.3% QoQ / +1.1% YoY) Net profit at USD 132.4 million (-5.8% QoQ / -2.4% YoY) • In INR: Revenue at Rs 88,929 million (-1.4% QoQ / +2.3% YoY) Net profit at Rs 11,007 million (-5.9% QoQ / -1.2% YoY) FY24 Financial Highlights: • In USD: Revenue at USD 4,287.3 million (growth of 4.4% YoY) Net profit at USD 553.4 million (growth of 1.4% YoY) • In INR: Revenue at Rs 3,55,170 million (growth of 7.0% YoY) Net profit at Rs 45,846 million (growth of 4.0% YoY) Other highlights: • Clients: 738 active clients as of March 31, 2024. USD 5 million+ clients increased by 7 on a YoY basis, total 153. USD 10 million+ clients increased by 10 on a YoY basis, total 91. USD 20 million+ clients increased by 2 on a YoY basis, total 40. • People: 81,650 professionals as of March 31, 2024. Trailing 12 months attrition was 14.4%. Debashis Chatterjee, Chief Executive Officer and Managing Director said, “We closed FY24 amidst a tough macro environment and delivered a resilient performance with full-year revenue growth of 4.4% in USD terms and an EBIT margin of 15.7%. Our order inflow for the full year at USD 5.6 billion registered a 15.7% growth over FY23. This growth reflects the positive outcomes of our positioning as an organization with scale, expanded capabilities, and larger partnerships. As the market dynamics evolve, we are excited to be part of innovations, partnerships, and initiatives that our clients will embark on in FY 25.” Result PDF
24-04-2024
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