LTIMindtree reports Q2 FY24 earnings: Revenue at $1bn and net profit at $140m

LTIMindtree reports Q2 FY24 earnings: Revenue at $1bn and net profit at $140m

LTIMindtree, a recognized leader in global technology consulting and digital solutions, has unveiled its consolidated financial results for Q2 ending September 30, 2023. The announcement, ratified by its Board of Directors, features noteworthy financial metrics that reflect the company’s overall health. Key Financial Insights from the Quarter For the quarter concluded in September 2023, LTIMindtree’s […]

Tech consulting firm LTIMindtree posts 8.1% Y-o-Y revenue growth for Q1 2023

Tech consulting firm LTIMindtree posts 8.1% Y-o-Y revenue growth for Q1 2023

LTIMindtree, a leading global technology consulting and digital solutions company, announced its consolidated results for the first quarter ended June 30, 2023, today. As per the report approved by the Board of Directors, the company’s revenue stood at $1,058.7 million, marking a quarterly growth of 0.1% and a yearly increase of 8.1%. However, the net […]

LTIMindtree introduces Canvas.ai platform to drive business innovation

LTIMindtree introduces Canvas.ai platform to drive business innovation

LTIMindtree, an Indian tech consultancy and digital solutions firm, has unveiled Canvas.ai, a novel, enterprise-grade generative AI platform aimed at expediting businesses’ concept-to-value journey through mindful artificial intelligence (AI) principles. Canvas.ai stands as one of the premier platforms of its kind, designed to catalyze and expand generative AI capabilities within enterprises, thereby driving business innovation […]

LTIMindtree bags digital transformation deal from Currys plc

LTIMindtree bags digital transformation deal from Currys plc

Indian tech firm LTIMindtree has bagged a multi-million-dollar deal from British consumer electronics company Currys plc to serve as the latter’s key digital transformation partner. In the five-year partnership, Currys plc will leverage LTIMindtree’s retail business consulting and technology expertise to provide the next phase of its omnichannel transformation to its customers and employees. The […]

Larsen & Toubro Infotech and Mindtree will now operate as LTIMindtree

Larsen & Toubro Infotech and Mindtree will now operate as LTIMindtree

Larsen & Toubro Infotech and Mindtree, technology consulting and digital solutions companies under the Larsen & Toubro Group, will now operate as a merged entity called LTIMindtree with effect from 14 November 2022. The merger of the two independently listed companies as LTIMindtree follows the approval of both Mumbai and Bengaluru Benches of the National […]

Mindtree inaugurates new facility at ICC Tech Park in Pune

Mindtree inaugurates new facility at ICC Tech Park in Pune

Mindtree, an Indian digital transformation company, has inaugurated its second facility in Pune at the International Convention Center Tech Park (ICC Tech Park). The 43,000sft facility can accommodate over 350 professionals. Mindtree started operations in Pune in 2009 with a more than 200,000 sft facility in Hinjawadi that can house more than 1,300 professionals. Currently, […]

Mindtree Q4 FY2021 results : Company reports 54% increase in net profit at INR317cr

Mindtree Q4 FY2021 results : Company reports 54% increase in net profit at INR317cr

Mindtree Q4 FY2021 results : Mindtree has reported a net profit of INR3.17 billion ($43.3 million) for the fourth quarter of the fiscal year 2021 (Q4 FY2021) that ended 31 March 2021, a 53.9% increase compared to INR2.06 billion ($27.66 million) reported in Q4 FY2020. The Indian technology consultancy company registered 3.5% year over year […]