LTIM LTIMindtree Q3 FY25 results (Oct–Dec 2024) and concall
LTIMindtree sustained growth momentum in Q3 at 5.1% YoY but margins declined sharply to 13.8% from 15.5% due to wage hike impact of ~200 bps. BFSI led growth at 8% YoY. Management optimistic about Q4 growth continuation but acknowledged that absorbing full wage hike impact may take longer. First major discussion on AI's dual impact of productivity/cannibalization and growth opportunity.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 9,433 | 9,661 |
| EBITDA | 1,699 | 1,593 |
| Net profit | 1,252 | 1,087 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
