LTIMindtree reports a 7.1% revenue rise to Rs 9,661 crore but a 7.1% drop in net profit amid AI growth.

IT services firm LTIMindtree reported a 7.1% drop in net profit to Rs 1,085 crore in Q3FY25, despite a 7.1% rise in revenue to Rs 9,661 crore. CEO Debashis Chatterjee attributed the growth to their AI strategy, which led to a record USD 1.68 billion in order inflow. The company added 2,362 employees, bringing the total to 86,800, and saw growth in the banking and technology sectors. LTIMindtree also secured several major deals and certifications, including AWS GenAI competency.

2 months ago
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