Shares plunge 12% post Q3 earnings. LTIMindtree's stock records its largest drop since March 2020, reacting to disappointing Q3 results on January 18.
Source: CNBC
Solid YoY net profit growth, but revenue and margin miss. LTIMindtree reports a 17% YoY rise in net profit at ₹1,168.9 crore for Q3. However, revenue and EBIT margin fall short of expectations
Source: CNBC
Key factors contributing to the 12% dip · Muted revenue and margin · No Q4 recovery expected · Margin guidance postponed · Expensive valuations
Source: CNBC
Quarter impacted by lower revenue and unexpected furloughs. LTIMindtree faces challenges with only 0.7% CC revenue growth and a 15.4% EBIT margin, while sectors like energy experience unprecedented furloughs.
Source: CNBC
LTIMindtree's roller-coaster ride. Shares were down 11.31% at ₹5,566 on Jan 18, yet showing a 30.19% gain in the past year, with six positive sessions in the last eight.
Source: CNBC