LTIMindtree share price was at ₹4,585.00, recording a gain of over 1%. The IT services company has declared its Q4 results. It has posted a net profit of ₹1,128.5 crore. This was slightly lower than the market expectation of ₹1,138 crore. However, it was an improvement from ₹1,086.7 crore in the Q3.
In terms of revenue, LTIMindtree earned ₹9,771.7 crore this quarter, showing a small growth of 1.1% from the last quarter. This was slightly below the expected revenue of ₹9,865 crore. In the previous quarter, revenue was ₹9,660.9 crore.
When measured in US dollars, the revenue stood at US$1,131 million, which is a decline of 0.7% from the previous quarter’s US$1,138.7 million. This also missed the market estimate of US$1,139 million.
In constant currency terms, revenue growth fell by 0.6%. The company’s EBIT (Earnings Before Interest and Tax) for the quarter was ₹1,345.4 crore, below the expected ₹1,381 crore. The EBIT margin stood at 13.8%, which is slightly below the market forecast of 14%.
LTIMindtree’s Board has recommended a final dividend of ₹45 per equity share for the financial year ending March 31, 2025. The record date for this dividend will be announced later.
As of March 31, the company has 84,307 employees. The attrition rate for the trailing 12 months is 14.4%.
LTIMindtree showed steady growth in the March quarter, even though some numbers missed expectations. The company remains confident about future opportunities.
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Published on: Apr 24, 2025, 9:22 AM IST
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