LTIMindtree, the L&T-owned mid-tier IT agency posted a net revenue of ₹1,152 crore within the June ended quarter, a 4.1% improve from the year-earlier interval.
Revenue at ₹8,702 crore grew 13.8% YoY.
Key verticals BFSI, Manufacturing & Resources and Hi-Tech, Media, and Entertainment which make up 75% of its revenue carried out properly, stated the corporate. It bagged orders price $1.41 billion through the quarter.
Debashis Chatterjee, the CEO & MD, LTIMindtree, addressing a media convention right here on Monday, nevertheless, stated, “Market headwinds are worse than anticipated and likely to continue in the second half of the fiscal as well.”
