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LTIMindtree has released its Q1FY25 financial results, showing a mixed performance. The company's net profit for the first quarter fell by 1.5% year-on-year to ₹1,135 crore, while revenue increased by 5%. In USD terms, Q1FY25 revenue reached $1.1 billion, reflecting a 2.5% quarter-on-quarter and 3.5% year-on-year growth. Despite the drop in profit, LTIMindtree managed to beat revenue expectations and ended a streak of three consecutive quarters of slowing growth. On a sequential basis, profit grew 3.1%.
LTIMindtree Q1 results LTIMindtree reports a net profit for the first quarter of FY25 at Rs 1,135 crore, down 1.5% year-on-year. On a sequential basis, profit grew 3.1%. @shivaniAshinde #LTIM #Q1FY25 #profit https://t.co/39RWpETeAA
India's LTIMindtree posts Q1 revenue beat, snaps three straight quarters of slowing growth https://t.co/eM7hkDWGiP https://t.co/pAUSsyPKBu
#EarningsWithMC | LTIMindtree Q1 results: Net profit down 1.5% YoY to ₹1,135 crore, revenue up 5% 📉💼 Q1FY25 revenue hits $1.1 billion, showing 2.5% QoQ and 3.5% YoY growth in USD terms, says CEO. Click ⤵️ to know more! https://t.co/Cj6Flpgffu #NetProfit #LTIMindtree #Growth…
