LTIMindtree Q3 results: IT firm LTIMindtree has released its third quarter FY25 results today, January 16. The company’s consolidated net profit declined by 7.1 percent on an annual basis in the October-December quarter. The company has registered a profit of Rs 1086 crore during this period. In the same quarter last year, this figure was Rs 1169 crore. Apart from this, there has been a decline of 13.2 percent in net profit as compared to the previous quarter. Generally, the performance of IT sector companies is weak in the December quarter.
Boom in LTIMindtree’s revenue
On the other hand, the IT firm’s revenue has increased by 7.1 percent on an annual basis in the December quarter. The company recorded a revenue of Rs 9660 crore during this period, which was Rs 9016 crore in the same quarter last year. Revenue has increased by 2.4 percent compared to the previous quarter.