LTIMindtree declines despite its consolidated net profit rises 8% in Q2FY25
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LTIMindtree is currently trading at Rs. 6009.35, down by 392.15 points or 6.13% from its previous closing of Rs. 6401.50 on the BSE.
The scrip opened at Rs. 6370.00 and has touched a high and low of Rs. 6374.95 and Rs. 6005.25 respectively. So far 17184 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6575.00 on 19-Sep-2024 and a 52 week low of Rs. 4518.35 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 6550.00 and Rs. 6004.00 respectively. The current market cap of the company is Rs. 178301.24 crore.
The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 22.28% and 9.12% respectively.
LTIMindtree has reported 7.64% rise in its net profit at Rs 1220.20 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 1133.60 crore for the same quarter in the previous year. Total income of the company increased by 7.93% at Rs 9407.20 crore for Q2FY25 as compared to Rs 8716.10 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 7.68% rise in net profit at Rs 1251.60 crore for Q2FY25 as compared to Rs 1162.30 crore for the same quarter in the previous year. Total income of the company increased by 7.55% at Rs 9731.80 crore for Q2FY25 as compared to Rs 9048.60 crore for the corresponding quarter previous year.
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