As compared to Q3 FY23, the company's net profit jumped 16.8% while revenue grew by 4.6% during the quarter.

Profit before tax was at Rs 1,544.7 crore in quarter ended 31 December 2023, registering a growth of 1.67% QoQ and 17.86% YoY.

EBITDA stood at Rs 1584.9 crore in Q3 FY24, down 2.8% QoQ and up 15.3% YoY. EBITDA Margin was 17.6% in Q3 FY24 as against 18.3% in Q2 FY24 and 16% in Q3 FY23.

In dollar terms, the company recorded a revenue of $1,083.7 million in Q3 FY24, registering a growth of 0.8% QoQ and 3.5% YoY. Revenue growth, in constant currency terms, was 0.7% QoQ and 3.1% YoY.

During the quarter, the IT firm's order inflow stood at $1.5 billion, recording a growth of 21%.

The company said it added 23 new clients during the quarter ended 31 December 2023. The total client base currently stood at 739 active clients

Total Headcount in Q3 FY24 was 82,471. The firm's trailing twelve months (TTM) attrition rate stood at 14.2% in Q3 FY24 as against 15.2% in Q2 FY24 and 22.3% in Q3 FY23.

Debashis Chatterjee, chief executive officer and managing director, said, “Our strong operational performance in a seasonally weak quarter speaks about the organization’s resilience amid the continuing macro challenges. For the quarter, we reported a revenue of $1.08 billion, a 3.5% YoY growth in $terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY. We have booked our highest-ever order inflow at $1.5 billion, representing a 21% increase YoY, and our strong cash flow metrics helped us cross Rs 10,000 crore in cash and investment balance. These strong indicators make us confident to deliver on our path to success as we enter the new year.”

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. LTIMindtree a Larsen & Toubro Group company combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.

The scrip rose 0.69% to settle at Rs 6,277.65 on the BSE.