LTIMindtree shares fall over 5%; Europe business sees 2% degrowth

LTIMindtree fell more than 5.2% to an intraday low of Rs 6,060.80 a day after the company reported its quarterly results.

The company reported a net profit of Rs 1,251.6 crore in Q2 FY25, a 7.7% increase from the previous year in the same quarter. It has risen by 10.3% sequentially. The company’s revenue rose 6% on year to Rs 9,433 crore in the same period aforementioned. Sequentially, it increased 3.2%.