LTM Reports Second-Quarter Profit of 13.98 Billion Rupees, Down 0.2%
Indian IT services firm LTM reported consolidated profit of 13.98 billion rupees for the quarter ended September 30, compared with 14.01 billion rupees a year earlier.
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11:55:57 AM UTC
SquawkNews
Indian IT services firm LTM (LTM.NS), formerly known as LTIMindtree, beat second-quarter revenue estimates on Friday as its consumer and tech segments performed strongly, but missed profit forecasts.Consolidated revenue for the quarter rose 13.6% year-on-year to 118.08 billion rupees ($1.24 billion…
Indian IT services firm LTM, formerly known as LTIMindtree, said Friday that consolidated profit edged lower in the second quarter. Profit for the quarter ended September 30 was 13.98 billion rupees ($147.22 million), down 0.2% from 14.01 billion rupees a year earlier.