IGI Logo

Below the Views on LTI Mindtree Preview by Manish Chowdhury, Head of Research, StoxBox

 LTI Mindtree revenue may see a marginal increase in revenue in Q1FY25 in cc terms. We expect broad-based growth across verticals. The BFSI segment should recover due to the absence of project cancellations last quarter. We expect modest margin expansion with bench build-up, investments in sales, deal transition costs and visa costs consuming most of the incremental profitability. Furthermore, management commentary on the demand outlook for BFSI, indications of recovery in discretionary spending, merger synergies progress, elevated senior management attrition in recent quarters, and deal ramp-up visibility would be key things to watch out for.

Above views are of the author and not of the website kindly read disclaimer