LTIMindtree Ltd

(LTIM)

LTIMindtree Expands US Presence and Enhances Security Solutions - 13 Nov, 2024

LTIMindtree is enhancing its security solutions through Cisco Secure Access for its hybrid workforce while inaugurating a new facility in Houston focused on AI and ESG initiatives.

LTIMindtree Reports Slower Growth Post-Merger - 12 Nov, 2024

LTIMindtree, India's sixth-largest IT services firm, reported a 1.87% revenue growth to $1.1 billion for Q3 2024. The company has faced challenges, including senior management departures and cultural issues following its merger, resulting in slower growth compared to pre-merger performance.

LTIMindtree Shares Surge on Trump Election Prospects - 06 Nov, 2024

Shares of LTIMindtree and other Indian software exporters rose over 4% amid increasing optimism regarding Donald Trump's chances in the upcoming US Presidential election.

LTIMindtree Declares Interim Dividend of Rs 20 - 24 Oct, 2024

LTIMindtree's board has declared an interim dividend of Rs 20 per share, with a record date of October 25. The company has declared a total equity dividend of Rs 65 per share in the past year, resulting in a dividend yield of 1.08%.

LTIMindtree Launches AI-Smart Underwriter Solution - 23 Oct, 2024

LTIMindtree has introduced the AI-Smart Underwriter solution in collaboration with ServiceNow, aimed at improving underwriting efficiency and decision-making through advanced data analytics and automation.

LTIMindtree Launches AI Solution Amid Revenue Growth - 22 Oct, 2024

LTIMindtree launched the AI-Smart Underwriter solution with ServiceNow, aiming to improve underwriting efficiency. Despite a share price drop, the company reported a 5.9% YoY revenue increase in Q2 FY25.

LTIMindtree Reports Growth Amid AI Focus - 21 Oct, 2024

LTIMindtree's CEO announced AI deployments for 40 clients, with a 3.2% revenue increase and 10.3% net profit growth. The company plans to hire based on demand and implement wage hikes. Despite uncertainties, they maintain a robust deal pipeline and a stable attrition rate.

LTIMindtree Reports Strong Q2 Growth and New Deals - 20 Oct, 2024

LTIMindtree reported a 3.2% revenue growth to ₹9,432 crore in Q2 FY25, with a PAT of ₹1,251 crore. The company added 22 clients and secured a $200 million deal. A joint venture with Saudi Aramco's Global Digital was also announced, focusing on IT services in the MENA region.

LTIMindtree Reports Growth and Declares Dividend - 19 Oct, 2024

LTIMindtree Ltd. reported a 5.92% revenue increase and a 7.68% rise in net profit for Q2. The company also announced a ₹20 interim dividend, effective October 25, 2024.

LTIMindtree Faces Margin Concerns Post Q2 Results - 18 Oct, 2024

LTIMindtree reported a 7.7% YoY increase in net profit for Q2 FY25, but shares fell over 5% due to margin concerns raised by brokerages. The company anticipates challenges in travel sectors but remains hopeful for hospitality growth and margin recovery.

LTIMindtree Reports Strong Q2 Results and Dividend - 17 Oct, 2024

LTIMindtree's Q2 results show a 7.7% increase in net profit to ₹1,251 crore, with revenue rising 6%. The company declared an interim dividend of ₹20 per share.

LTIMindtree Reports Merger and Revenue Growth Outlook - 16 Oct, 2024

LTIMindtree GmbH merges with Nielsen + Partner, while the stock shows a bullish chart pattern. Revenue growth is anticipated, despite a slight price decline today.