Latest Updates Around The World
IT services company LTIMindtree on Monday reported an 11% decline in consolidated net profit for the December quarter to Rs 971 crore, compared to Rs 1,085 crore in the same period last year. The profit after tax (PAT) is attributable to the shareholders of the company.However, excluding the one-time impact of the new labor law, […]
Mid-market IT services company L&T Technology Services reported a 6% year-on-year (YoY) decline in consolidated net profit at Rs 303 crore in the third quarter. The same stood at Rs 322 crore in the year-ago period. Excluding the impact of labor laws, the company said profits rose 2% year-on-year to Rs 329 crore.Revenue from operations […]
Infosys’ ADRs fell nearly 2% on Wednesday after the company reported its December quarter results, as investors weighed a modest profit decline and margin pressure against stronger revenue performance and an upward revision to full-year growth expectations.India’s second-largest IT services company reported a consolidated net profit of Rs 6,654 crore for the third quarter, down […]
