LTIMindtree net profit up 10.3 per cent

LTIMindtree reported a 3.2% sequential increase in revenue and 10.3% increase in net profit for the quarter ended September 2024, driven by broad-based growth, and large deals. Net profit was positively impacted by an increase in forex gains and other income and slight sequential reduction in finance cost, even though the company’s provision for tax increased q-o-q. The company added 2,500 employees to its headcount during the quarter.