LTIMindtree Ltd Share Price – NSE  / BSE

IT - Software, Mid Cap

Revenue from operations increased 2.36% QoQ to Rs 9,660.9 crore during the quarter.

On a year-on-year (YoY) basis, the company’s net profit and revenue declined 7.06%, and revenue jumped 7.15% in Q3 FY25.

EBIT stood at Rs 1,328.9 crore in Q3 FY25, down 4.11% YoY and 8.87% QoQ. EBIT margin fell to 13.8% in Q3 FY25 as compared with 15.4% in Q3 FY24 and 15.5% in Q2 FY25.

In dollar terms, the IT firm’s revenue stood at $1,138.7 million in Q3 FY25, up 1.1% QoQ and 5.1% YoY. In constant currency terms, revenue grew 1.8% QoQ and 5.6% YoY.

Order inflow jumped 29.23% to $ 1.68 billion in Q3 FY25 as compared with $1.30 billion in Q2 FY25

The company said that it added 23 new clients during the quarter ended 31 December 2024. Total client base currently stood at 742 active clients in Q3 FY25.

Total headcount in Q3 FY25 was 86,800. The firm's TTM attrition rate stood at 14.3% in Q3 FY25.

Debashis Chatterjee, chief executive officer and managing director, said, “We closed Q3FY25 with a revenue of USD 1.14 billion, registering a sequential growth of 1.8% in constant currency and 1.1% in USD terms. Our differentiated AI strategy has helped us record our highest-ever order inflow of USD 1.68 billion, laying the foundation for future growth.

Our ongoing investments in AI, including new partnerships and specializations, and accolades, support our efforts to continue growing as we enter CY25.”

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. LTIMindtree, a Larsen & Toubro Group company, combines the industry-acclaimed strengths of erstwhile Larsen & Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.

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Net profit of LTIMindtree declined 7.14% to Rs 1085.40 crore in the quarter ended December 2024 as against Rs 1168.90 crore during the previous quarter ended December 2023. Sales rose 7.15% to Rs 9660.90 crore in the quarter ended December 2024 as against Rs 9016.60 crore during the previous quarter ended December 2023.

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LTIMindtree will hold a meeting of the Board of Directors of the Company on 16 January 2025.

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LTIMindtree Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5747.3, down 1.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 23682.349609375. The Sensex is at 78309.92, up 0.34%.LTIMindtree Ltd has eased around 6.02% in last one month.Meanwhile, Nifty IT index of which LTIMindtree Ltd is a constituent, has increased around 0.13% in last one month and is currently quoting at 43771.05, down 0.22% on the day. The volume in the stock stood at 1.69 lakh shares today, compared to the daily average of 3.57 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 5774.55, down 1.1% on the day. LTIMindtree Ltd tumbled 8.19% in last one year as compared to a 10.45% rally in NIFTY and a 23.05% spurt in the Nifty IT index.

The PE of the stock is 37.86 based on TTM earnings ending September 24.

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