
CosmicTaco
LTIMindtree Faces Margin Pressure Amid Growth
- LTIMindtree shares dropped 2% after reporting modest profit growth for Q4.
- Revenue grew 10% YoY, but EBIT margins declined, reflecting operational challenges.
- AI-led deals boosted order inflow, with $1.6 billion secured in the quarter.
- Nuvama retains 'Buy' rating but lowers target price due to margin concerns.
- Incoming CEO Venu Lambu aims to improve margins and drive growth from Q1FY26.
Source: The Economic Times, The Economic Times
6mo ago
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