LTM Q4 profit fises 18.8% YoY to Rs 1,341 crore

LTM, India’s sixth-largest software services company, reported a 18.8% growth in net profit on-year to Rs 1341 crore for January-March period, but sequentially the profit declined 4.3% weighed down by one-time exceptional items.

LTM, formerly known as LTIMindtree, posted revenue of Rs 11,292 crore for the March quarter, up 4.7% sequentially and 15.6% year-on-year, driven by improving deal momentum, despite a tepid macro environment. The company is aiming to double its revenue in the next five years, after crossing the Rs 10,000-crore topline mark in the July-September 2025 quarter.