Picture of LTM logo

LTM LTM News Story

0.000.00%
in flag iconLast trade - 00:00
TechnologyBalancedLarge CapHigh Flyer

India's LTIMindtree posts third-quarter revenue in line with estimates

BENGALURU, Jan 19 (Reuters) - India's LTIMindtree LTIM.NS reported quarterly revenue in line with expectations on Monday, as realisations from two large deals began flowing in, with strong performance in manufacturing, and banking, financial services and insurance (BFSI) sector also helping.

Revenue at India's sixth-largest IT firm rose 11.6% to 107.81 billion rupees ($1.19 billion) in the three months ended December 31.

Analysts, on average, had expected revenue of 107.31 billion rupees, according to data compiled by LSEG.

($1 = 90.9120 Indian rupees)

 (Reporting by Sai Ishwarbharath B; Editing by Janane Venkatraman)

 ((saiishwarbharath.b@thomsonreuters.com;))

Recent news on LTM

See all news