LTIMindtree Limited — Board Meeting, 16-01-2025: Outcome of Board Meeting

The Board of Directors has approved the financial results for the quarter and nine months ended December 31, 2024. For Q3, the company reported a consolidated revenue of ₹96,609 crore and a net profit of ₹10,867 crore. This represented a sequential growth of 2.4% and a year-on-year increase of 7.1% in revenue. However, net profit declined by 13.2% quarter-on-quarter due to increased expenses, with employee benefits rising significantly. The meeting also noted the Limited Review Reports from Deloitte on these results, indicating robust financial oversight and compliance.