Market News
3 min read | Updated on April 22, 2025, 12:41 IST
SUMMARY
Ahead of the company’s Q4 results, shares of LTIMindtree Limited were trading 0.05% lower at ₹4,294.90 apiece on the NSE at 11:31 AM.
Stock list
LTIMindtree will announce its financial results for the fourth quarter of the fiscal year 2024-25 on Wednesday, April 23. Image | Shutterstock
The company will host an earnings call on April 23, during which the senior management will provide details on the company's financials.
LTIMindtree has announced in an exchange filing that a meeting of its board of directors is scheduled for Wednesday, April 23. During the meeting, the board will review, approve, and record the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, along with the statutory auditor's audit report.
Subsequently, the company’s management will host a conference call to discuss the quarterly performance and address queries from participants.
The board will also evaluate a proposal to recommend a final dividend on equity shares for the financial year ended March 31, 2025, during the same session.
In line with SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal Code for Prohibition of Insider Trading, LTIMindtree has closed its trading window for dealing in company securities. The window has been shut from Tuesday, April 1, 2025, and will remain closed until Friday, April 25, 2025.
LTIMindtree posted single-digit growth at 7.1% YoY in the revenue for the quarter at ₹96,60.9 crore as compared to ₹90,16.6 crore in Q3FY24 and a marginal 2.4% QoQ jump from ₹94,32.9 crore. The revenue in constant currency terms grew by 5.6% YoY to $1,138 million as compared to $1,083 million in previous year similar quarter
The EBITDA margins for the quarter ended December 2024 dropped by 110 bps to 16.5% from 17.6% in Q3FY24 and 150 bps from 18% in the previous quarter. This was largely due to an 11% YoY jump in the employee benefit expense at ₹6,254.9 crore, which contributed more than 80% of the total expenses for the quarter.
On the operational front, the earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter stood at ₹18,66.1 crore, 2.2% higher than the previous year’s similar quarter at ₹18,62.9 and 4% sequentially drop from ₹19,487 crore.
Debashis Chatterjee, Chief Executive Officer and Managing Director, said,"We closed Q3FY25 with a revenue of USD 1.14 billion, registering a sequential growth of 1.8% in constant currency and 1.1% in $ terms. Our differentiated AI strategy has helped us record our highest-ever order inflow of $1.68 billion, laying the foundation for future growth. Our ongoing investments in AI, including new partnerships and specializations, and accolades, support our efforts to continue growing as we enter CY25.
About The Author
Next Story