As compared with Q4 FY22, the company's net profit has risen by 0.5% whereas its revenue has increased by 21.9%.

EBITDA in the fourth quarter amounted at Rs 1,603.7 crore, up 16.6% QoQ and up 10.5% YoY. EBITDA margin was 18.5% in Q4 FY23 as against 16% in Q3 FY23 and 20.4% in Q4 FY22.

In dollar terms, the company recorded revenues of $1,057.5 million for the quarter ended 31 March 2023, recording a growth of 1% QoQ and 11.9% YoY. Revenue growth, in constant currency terms, was 0.7% QoQ and 13.5% YoY.

Total Headcount in Q4 FY23 was 84,546. The firm's trailing twelve months (TTM) attrition rate stood at 20.2% in Q4 FY23 as against 22.3% in Q3 FY23 and 23.8% in Q4 FY22.

LTIMindtree's net profit increased by 11.7% to Rs 4,410.3 crore on a 27.1% rise in revenue to Rs 33,183 crore in FY23 as compared with FY22.

The board of directors has recommended a final dividend of Rs 40 per equity share for the financial year ended 31 March 2023.

Debashis Chatterjee, chief executive officer and managing director of LTIMindtree, said: “We are pleased to report a strong FY23, with a broad-based full year revenue growth of 19.9% in constant currency. This industry-leading performance positions us well to deliver continued profitable growth in FY24.

As we move to unified systems & processes, we are ready to exploit the synergies. Our Q4 revenue came in at a healthy USD 1.06 billion - up 13.5% year-over-year in constant currency and 11.9% in reported USD terms. Our order inflow for the quarter came in at USD 1.35 billion, helping us close the full-year order inflow at USD 4.87 billion.

We added 31 new clients for Q4 and increased our count of USD 50 million plus customers by 2 to 13. Our full-year operating margin was at 16.2% and the basic EPS was at INR 149.1.

Client requirements have changed over the last quarter, and we are now meeting the new requirements to deliver cost savings which are being directed to fund in flight transformation programs.”

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 is a Larsen & Toubro Group company that 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.