What Employers Do To Stay On Top
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ltimindtree
April 2024
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L&T’s Tech Avatar
How India’s largest engineering company is shedding the baggage of construction to reinvent as a tech-enabled firm.
LTIMindtree shares dip 13% despite robust Q3; here's why
The L&T group company reported a decline in its operating/EBIT margin of 15.4% in the December quarter of FY24, down 60 basis points from 16% in the September quarter.
LTIMindtree shares jump 5% post Q2; here’s why
The board of LTIMindtree has declared an interim dividend of ₹20 per equity share of ₹1 each.
Driving Transition At LTIMindtree
Debashis Chatterjee has leveraged the strengths of both L&T Infotech and Mindtree, and led the merged entity to cash in on the technology boom.
Infy, Tech Mahindra, LTIMindtree fall on Accenture's muted FY24 guidance
U.S.-based Accenture gave a bleak revenue growth guidance of 2-5% year-on-year in constant currency terms for the financial year 2023-24 (FY24).
LTIMindtree Q1 profit rises 4% to ₹1,151 cr; revenue up 14%
Revenue from operations jumped 13.8% year-on-year to ₹8,702 crore
HDFC effect: LTImindtree, Jindal Steel, Mankind Pharma surge up to 3%
Snapping five sessions gaining streak, shares of HDFC and HDFC Bank fell over 3% each as investors resorted to profit booking after recent rally.
LTIMindtree to replace HDFC in Nifty 50 from July 13
In the Nifty 100 index, HDFC will be replaced by Jindal Steel, and by Mankind Pharma in Nifty 500 index.
LTIMindtree Q4 results: Profit flat at ₹1,114 cr; declares dividend of ₹40
In dollar terms, net profit dropped 7.8% YoY to $135.6 million, while revenue rose 11.9% YoY to $1,057.5 million.
