LTIMindtree Q4 Preview: Lower Pass-through Revenue to Affect Growth Marginally

A compilation of estimates suggests that LTIMindtree's Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore. This decline is largely attributed to lower pass-through revenue, which is expected to impact the company's growth marginally.

The company's revenue is expected to grow, but at a slower pace due to the lower pass-through revenue. The EBIT margin is also expected to be impacted, which could lead to a decline in net profit.

  • Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore.
  • Lower pass-through revenue is expected to impact the company's growth marginally.
  • Revenue is expected to grow, but at a slower pace.
  • EBIT margin is also expected to be impacted, leading to a decline in net profit.

Despite the marginal impact on growth, the company is expected to perform well in the long term. The demand for IT services is expected to remain strong, and the company is well-positioned to capitalize on this demand.

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The company's strong portfolio of clients and its ability to deliver high-quality services are expected to drive growth in the coming quarters. However, the lower pass-through revenue is a concern that needs to be addressed to ensure sustainable growth.