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LTIMINDTREE EMPLOYEE COSTS
LTIMindtree to roll out wage hikes in Q4; 50% workforce to be covered in first phaseLTIMindtree will begin annual pay rises from Q4 FY26, covering half its staff initially and spreading increases over two quarters to protec...
India’s new labour codes could wipe out up to a fifth of IT profits, Jefferies warnsJefferies warns India’s IT sector faces a sharp earnings hit from new labour codes, with December-quarter profits potentially falling 10–20...
Largecap IT shows resilience amid regulatory headwinds: Sushovan NayakLargecap IT firms demonstrate resilience against regulatory challenges and demand uncertainties, with free cash flow yields between 5-6%. A...
AI becoming part of large deals, closure cycles longer: LTIMindtree CEOLTIMindtree is integrating AI, including agentic and generative AI, into its large deals, although these deals have a longer closure cycle....
LTIMindtree passing on AI productivity gains to clients to bag more business: CEO"AI is becoming real or rather has become real. We are proactively going and talking to our clients on how we can offer the benefits to the...
LTIMindtree Q1 net profit up 3.1% at Rs 1,135 croreLTIMindtree's Q1 FY25 results show a 3.1% net profit growth but missed estimates. North America revenue contribution grew to 75.1% in the f...
Uncertain demand in key markets casts a cloud over LTIMindtree’s prospectsLTIMindtree stock down 9% in 3 months. December quarter revenue growth limited to 0.8%. FY25, FY26 earnings estimates pruned. Revenue rose ...
Margin guidance won’t hold up this fiscal, says LTIMindtree’s Debashis ChatterjeeLTIMindtree has also booked a strong deal booking at all-time high, translating into a quarterly order book of $1.5 billion. CEO Debashis C...
LTIMindtree’s bumpy ride may not be overLTIMindtree has deferred the target operating margin (EBIT margin) guidance of 18% by a few quarters, citing reinvestment of profit in busi...
LTIMindtree posts 17% rise in profit, revenue up 4.6%Mid-sized IT services firm LTIMindtree reported a 16.9% year-on-year (YoY) growth in net profit at Rs 1169 crore, on a 4.6% rise in revenue...
PhonePe enters stockbroking; Swiggy tests bundling for ‘One’ subscriptionsPhonePe said in a statement that Share.Market will elevate discount broking through ‘WealthBaskets’, a market research-based technology pla...
In rough year, IT companies ask employees to work from office more oftenTata Consultancy Services (TCS), LTIMindtree, Wipro, Persistent Systems and others told ET about half their staff have been punching in at ...
LTIMindtree CEO Debashis Chatterjee says deal delays consistent across all business sectorsIndia’s sixth largest IT firm said it was witnessing delayed decision making and hiring freeze from clients’ side despite a “robust” deal p...
LTIMindtree’s Q1 net profit up 4% to Rs 1,152 crore, misses Street estimatesRevenue came in at Rs 8,702.1 crore, up 13.8% year on year, which also missed estimates. The company created from the merger of erstwhile L...
LTIMindtree at work on real estate consolidation plan: MD Debashis ChatterjeeWhile the leadership of the Mumbai-based technology services and consulting firm works on real estate consolidation to reduce overlaps and ...
LTIMindtree Q4 profit flat at Rs 1,114 crore; revenue jumps 22% YoYNet profit for the three months ended March was Rs 1,114.1 crore, compared with an estimated Rs 1,110 crore a year ago.
Buy LTIMindtree, target price Rs 5340: Axis SecuritiesThe brokerage believes gaining efficiency over business will help the company to get more profitability and higher return ratios.