{"id":834113,"date":"2024-07-18T11:02:39","date_gmt":"2024-07-18T05:32:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=834113"},"modified":"2024-07-18T11:02:39","modified_gmt":"2024-07-18T05:32:39","slug":"ltimindtree-profit-falls-1-5-per-cent-to-rs-1135-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/18\/ltimindtree-profit-falls-1-5-per-cent-to-rs-1135-crore\/","title":{"rendered":"LTIMindtree profit falls 1.5 per cent to Rs 1,135 crore"},"content":{"rendered":"<p>BENGALURU: LTIMindtree on Wednesday posted a 1.5% fall in its consolidated net profit for the June quarter at Rs 1,135 crore as against Rs 1,152 crore in the same period a year-ago. The IT services firm\u2019s revenue from operations in Q1FY24 stood at Rs 9,142 crore, a 5.1% rise as against Rs 8,702 crore in the year-ago period.<\/p>\n<p>The company announced that the Board of Directors have approved setting up a wholly-owned subsidiary in Brazil, with an initial investment of $1 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: LTIMindtree on Wednesday posted a 1.5% fall in its consolidated net profit for the June quarter at Rs 1,135 crore as against Rs 1,152 crore in the same period a year-ago. The IT services firm\u2019s revenue from operations in Q1FY24 stood at Rs 9,142 crore, a 5.1% rise as against Rs 8,702 crore in the year-ago period. The company announced that the Board of Directors have approved setting up a wholly-owned subsidiary in Brazil, with an initial investment of $1 million.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-834113","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=834113"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834113\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=834113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=834113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=834113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}