LTIMindtree Q3 Results: Brokerages give a thumbs up to double digit growth guidance

LTIMindtree reported a healthy performance for the fiscal third quarter with revenue growth in line with estimate, in the backdrop of a seasonally weak quarter due to furloughs, and EBIT margin was slightly below expectation, said brokerage firms. On January 16, LTIMindtree released its Q3 numbers with profit at Rs 1086.70 crore, posting a drop of 7.06 per cent in comparison to Rs 1169.30 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 9660.90 crore, up 7.15 per cent as against Rs 9016.60 crore reported during the third quarter of previous financial year.