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(18 Jul 2024, 09:58)

LTImindtree rises after PAT jumps 3% QoQ to Rs 1,135 crore in Q1 FY25

LTImindtree jumped 2.60% to Rs 5706.40 after the company’s consolidated net profit increased 3.1% to Rs 1,135.1 crore in Q1 FY25 as compared with Rs 1,100.7 crore in Q4 FY24.


Revenue from operations rose 2.8% QoQ to Rs 9,142.6 crore in Q1 FY25.

As compared with Q1 FY24, the company’s net profit declined 1.5% and revenue jumped 5.1%.

Profit before tax (PBT) stood at Rs 1,525.6 crore in Q1 FY25, up 5.34% QoQ and 0.7% YoY.

In Q1 FY25, EBITDA was at Rs 1606.1 crore, down 1.8% YoY. EBITDA margin fell to 17.6% in Q1 FY25 as against 18.8% in Q1 FY24.

In dollar terms, the IT firm’s revenue stood at $ 1,096.2 million in Q1 FY25 up 2.5% QoQ and 3.5% YoY. Net profit was at $ 136.1 million, up 2.8% QoQ and down 2.9% YoY. In constant currency terms, revenue grew 2.6% QoQ and 3.7% YoY.

The company said that it added 27 new clients during the quarter ended 30 June 2024. Total client base currently stood at 748 active clients.

Total headcount in Q1 FY...

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