LTIMindtree Q1 results show revenue up from 8757.4 crores to 8833.7 crores, a 0.87% increase in growth. EPS rise from ₹37.57 to ₹38.85, up by 3.41%.
First, Let’s Begin with Quarter-on-Quarter Basis:
LTIMindtree shared its Q1 results on Monday. They earned 8833.7 crores in revenue this quarter, but that’s more than the 8757.4 crores they made last quarter. The company’s growth increased by 0.87 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1151.5 crores, up from 1113.7 crores in the previous quarter. Their quarter-to-quarter growth increased by 3.39 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹38.85, which is an increase of 3.41% from the ₹37.57 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 8833.7 crores this year (2023), which is 12.94 percent higher than last year’s total revenue of 7821.8 crores.
This year’s PAT (Profit After Tax) is 1151.5 crores, which is also 4.15% higher than last year’s PAT of 1105.6 crores.
The EPS (Earnings Per Share) for this year is ₹38.85, which is 3.96% more than the EPS of ₹37.37 earned last year.
Also Read: Tata Elxsi Q1FY24 Results: Consolidated PAT of Rs. 188.85 Cr
LTIMindtree Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹40 per Equity Share of Face Value of ₹1 each of the Company.
About LTIMindtree :
Mindtree Limited, headquartered in Mumbai, India, is a renowned multinational company providing information technology services and consulting. Established in 1996, it operates as a subsidiary of Larsen & Toubro and boasts a workforce exceeding 84,000 employees. Mindtree holds a prominent position among the leading Big Tech companies.
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