LTIMindtree (LTIM) has reported Q4FY23 revenue at US$1057.5mn, +0.7% QoQ in CC terms and +1% QoQ in US$ (in line with our estimate and lower than consensus estimate of 2.8% QoQ US$). Revenue growth was led by BFSI (2.6% QoQ US$), retail, CPG, travel (2.4% QoQ US$) and manufacturing (1% QoQ US$), while HiTech declined 1.5% QoQ US$ due to decision-making delays by clients in starting certain projects.