{"id":986540,"date":"2026-01-20T09:15:14","date_gmt":"2026-01-20T03:45:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=986540"},"modified":"2026-01-20T09:45:24","modified_gmt":"2026-01-20T04:15:24","slug":"ltimindtree-q3-profit-falls-11-yoy-due-to-labour-code-impact","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/20\/ltimindtree-q3-profit-falls-11-yoy-due-to-labour-code-impact\/","title":{"rendered":"LTIMindtree Q3 profit falls 11% YoY due to labour code impact"},"content":{"rendered":"<p>BENGALURU: IT services company LTIMindtree on Monday reported an 11% year-on-year decline in consolidated net profit for the December quarter due to one-time charges related to the implementation of the new labour codes. <\/p>\n<p>The profit fell to Rs 971 crore against Rs 1,085 crore in the year-ago period. The fall was even steeper sequentially by 30%. In Q2, the net profit was at Rs 1,401.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: IT services company LTIMindtree on Monday reported an 11% year-on-year decline in consolidated net profit for the December quarter due to one-time charges related to the implementation of the new labour codes. The profit fell to Rs 971 crore against Rs 1,085 crore in the year-ago period. The fall was even steeper sequentially by 30%. In Q2, the net profit was at Rs 1,401.<\/p>\n","protected":false},"author":8,"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-986540","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\/986540","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=986540"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986540\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=986540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=986540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=986540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}