IT Consulting & Software company LTIMindtree announced Q1FY25 results: Financial Highlights: In USD: Revenue at USD 1,096.2 million (+2.5% QoQ / +3.5% YoY) Net profit at USD 136.1 million (+2.8% QoQ / -2.9% YoY) In INR: Revenue at Rs 91,426 million (+2.8% QoQ / +5.1% YoY) Net profit at Rs 11,351 million (+3.1% QoQ / -1.5% YoY) Other Highlights: Clients: 748 active clients as of June 30, 2024 USD 1 million+ clients increased by 2 on a YoY basis, total 390 USD 20 million+ clients increased by 3 on a YoY basis, total 43 People: 81,934 professionals as of June 30, 2024 Trailing 12 months attrition was 14.4% Debashis Chatterjee, Chief Executive Officer and Managing Director, said: “While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of USD 1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in USD terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at USD 1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.” Result PDF