LTM revenue rises 13.6% as profit dips slightly
In short
LTM reported revenue of Rs 11,807.6 crore, up 13.6% year on year, while profit fell a little. The company got help from financial services, consumer and production work in North America and Europe.
The report says growth was slower in the Rest of the World and technology & services areas. It does not give the profit number or say why profit slipped.
What the reporting says
LTM reported revenue of Rs 11,807.6 crore, up 13.6% year on year, while profit dipped marginally, according to the publisher summary. The growth was supported by financial services, consumer and production sectors in key regions of North America and Europe. Rest of the World and technology & services showed sequential degrowth, and the source says revenue grew only 1.7% from the June quarter. The exact profit figure was not stated.
Why it matters
LTM reported higher revenue but slightly lower profit, with Rs 11,807.6 crore in revenue and 13.6% YoY growth. The update points to strength in financial services, consumer and production work in North America and Europe, while the Rest of the World and technology & services verticals weakened sequentially. That mix matters for investors tracking operating momentum, but the exact profit figure and cause of the profit dip were not stated.