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India's LTIMindtree beats second quarter revenue view

BENGALURU, Oct 16 (Reuters) - Indian IT services company LTIMindtree LTIM.NS reported a better-than-expected quarterly revenue on Thursday, as its clients increased tech spending in the banking, financial services and insurance sector, its largest segment.

Consolidated sales for the quarter rose 10.2% on-year to 103.94 billion rupees ($1.18 billion), topping analysts' average estimate of 102.37 billion rupees, according to data compiled by LSEG.

($1 = 87.9070 Indian rupees)

 (Reporting by Haripriya Suresh)

 ((Haripriya.Suresh@thomsonreuters.com;))

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