18 May, EOD - Indian

SENSEX 74005.94 (0.12)

Nifty 50 22502 (0.16)

Nifty Bank 48199.5 (0.17)

Nifty IT 33438.75 (0.17)

Nifty Midcap 100 51869.25 (0.51)

Nifty Next 50 67657 (0.82)

Nifty Pharma 19108 (0.67)

Nifty Smallcap 100 17009.6 (0.82)

18 May, EOD - Global

NIKKEI 225 38787.38 (-0.34)

HANG SENG 19553.61 (0.91)

DOW JONES 40003.59 (0.34)

S&P 5303.27 (0.12)

Hot Pursuit News

You are Here : Home > Markets > News > Hot Pursuit News

(25 Apr 2024, 10:29)

LTIMindtree slides after Q4 PAT drops 6% QoQ to Rs 1,100 cr

LTIMindtree fell 1.68% to Rs 4653.05 after the company’s net profit fell 5.87% to Rs 1,100 crore in Q4 FY24 as compared with Rs 1,169 crore posted in Q3 FY24.


Revenue from operations declined 1.38% to Rs 8,892 crore in Q4 FY24 as compared with Rs 9,016 crore in Q3 FY24.

As compared with Q4 FY23, the company's net profit fell 1.26% and revenue from operations jumped 2.31% during the quarter.

Profit before tax declined 6.24% QoQ to Rs 1448 crore in Q4 FY24.

EBITDA stood at Rs 1,603.7 crore in Q4 FY24, down 3.1% QoQ and 4.2% YoY. EBITDA Margin was 17.3% in Q4 FY24 as against 17.6% in Q3 FY24 and 18.5% in Q4 FY23.

In dollar terms, the company recorded a revenue of $1,069.4 million in Q4 FY24, down 1.3% QoQ and up 1.1% YoY. Revenue growth, in constant currency terms, was down 1.3% QoQ and 1.2% YoY.

The company said it added 30 new clients during the quarter ended 31 March 2024. The total client base currently stood at 738 active ...

More News
More Company News