Amid escalating macro uncertainties leading to cautious client spending, LTIMindtree continues to strengthen its position as a partner of choice for their clients, said Choice Broking.
Bajaj Auto, Wipro, LTIMindtree Q2 results, IRM Energy IPO to open for subscription in Top News on October 18: Share markets, Nifty, Bank Nifty, gold, crude oil outlook, banks closed in Assam on Kati Bihu, Samsung Galaxy A05s India launch, daily petrol and diesel rates also in focus in top stories today.
LTIMindtree s revenue from operations, meanwhile, jumped 8% to Rs 8,905 crore in the second quarter. The same stood at Rs 8,228 crore in the last year quarter.The company s board has approved an interim dividend of Rs 20 per equity share. The record date for the same is fixed as October 27.
According to CEO Debashis Chatterjee, although LTIMindtree anticipates above average furloughs in Q3, the company remains confident of its robust order inflow to deliver stronger H2 of FY24, and setting a promising stage for FY25.