Large-cap IT stock LTIMindtree recorded a market cap of ₹1,30,732.96 Cr during Friday's closing session. The company’s gross profit was ₹2,598.70 Cr during the quarter ended March 2023, up by 16.1% YoY from ₹2,238 Cr during the year-ago quarter. LTIMindtree said its EBITDA was Rs 1603.7 Cr up by 10.5% YoY from Rs 1451 Cr in the year-ago quarter. During …
Shares of LTIMindtree rose over a per cent in early trade on BSE on Thursday ahead of the company's January-March quarter result of the financial year 2022-23. Brokerage firm Axis Securities expects LTIMindtree to report a 23.7 per cent year-on-year and 3.3 per cent quarter-on-quarter rise in the IT firm's revenue driven by the large deal ramp-up. As per the …
