LTIMindtree reports 7.7% rise in profit
LTIMindtree, sixth largest Indian IT services company reported a 7.7% year-on-year (YoY) rise in net profit at Rs 1251.6 crore. The profit compares with Rs 1,162 crore in September last year.
Sequentially, profit grew 10.3% from Rs 1,135 crore.
The Mumbai-headquartered IT services company reported a 5.9% growth in consolidated revenues at Rs 9,432.9 crore in Q2FY25 as compared with Rs 8905.4 crore in Q2FY24 and 3.2% rise from Rs 9142.6 crore in Q1FY25.
In dollar terms, the revenue was up by 4.7% YoY at $1.13 billion, and on a quarter-on-quarter basis rose by 2.8%.
«Q2 was a good quarter marked by broad-based sequential growth experienced across all our verticals and geographies… We had several multi-year deal closures, including a $200 million plus deal. Continued deal momentum in key verticals and significant Q2 hiring, including freshers, positions us well as we enter into the latter half of the fiscal year,» said Debashis Chatterjee, chief executive officer and managing director.
Legal
Labour Laws
By — Ankita Ray, Partner: Cyril Amarchand Mangaldas
Legal
Data Privacy with General Data Protection Regulation (GDPR)
By — Arun S. Prabhu, Partner (Head- Technology and Telecommunications): Cyril Amarchand Mangaldas
Marketing
Modern Marketing Masterclass by Seth Godin
By — Seth Godin, Former dot com Business Executive and Best Selling Author
Marketing
Digital marketing — Wordpress Website Development
By — Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Finance
Financial
