India's LTIMindtree misses Q2 revenue view
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FILE PHOTO: Figurines with computers and smartphones are seen in front of LTIMindtree logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - Indian IT services firm LTIMindtree missed quarterly revenue estimates on Thursday, hurt by weak tech spending.
The company's consolidated revenue rose 5.9% to 94.33 billion rupees ($1.12 billion) in the three months to Sept. 30.
That was marginally lower than analysts' average estimate of 94.42 billion rupees, as per data compiled by LSEG. ($1 = 84.0300 Indian rupees)
(Reporting by Haripriya Suresh and Varun Hebbalalu in Bengaluru; Editing by Savio D'Souza)
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