India's LTIMindtree misses first-quarter revenue view
17/07/2025 12:19
July 17 (Reuters) - Indian IT services exporter LTIMindtree LTIM.NS reported on Thursday lower-than-expected revenue for the first quarter, as global clients cut back on discretionary technology projects amid persistent economic uncertainty and geopolitical tensions. Consolidated revenue for the first quarter rose 7.6% year-on-year to 98.41 billion rupees ($1.14 billion), missing analysts' average estimate of 98.51 billion rupees, according to LSEG data. ($1 = 86.0650 Indian rupees) (Reporting by Haripriya Suresh; Editing by Chandini Monnappa) ((Haripriya.Suresh@thomsonreuters.com;))
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