LTM Ltd, India’s sixth-largest tech service provider, reported a 17% increase in net profit year-on-year for the June quarter to Rs 1,468 crore, aided by improved operations, while sequentially it gained 9.4%.
Revenue for the first quarter of this financial year went up nearly 18% year-on-year to Rs 11,608 crore as deal momentum improved despite volatile market conditions. On a quarter-on-quarter basis, revenue increased 2.8%.