LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%
LTIMindtree on Thursday reported a 7.1% decline in its consolidated net profit for the quarter ended December 31, 2024, to Rs 1,085 crore versus Rs 1,169 crore posted in the year-ago period.
The revenue from operations in Q3FY25 stood at Rs 9,661, witnessing a 7.1% gain over Rs 9,017 crore posted in the same period a year ago. On a sequential basis, the profit after tax (PAT) was down 13.2% versus Rs 1,251 reported in Q2FY25.
Meanwhile, the topline was higher by 2.4% versus Rs 9,433 crore in the July-September quarter.
LTIM's dollar revenue was reported at $1,138.7 million, up by 1.1% QoQ and 5.1% YoY. The operating margin expressed as earnings before interest and taxes (EBIT) stood at 13.8% in the reporting quarter.
Net profit for the October-December quarter saw a 14.3% QoQ decline at $128.1 million while going down by 8.8% YoY.
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