LTIMindtree Reports Strong FY23
Full year Constant Currency Revenue up
Order Inflow at
“We are pleased to report a strong FY23, with a broad-based full year revenue growth of
Key financial highlights:
Year ended
In USD:
- Revenue at
- Net profit at
In INR:
- Revenue at
- Net profit at
Quarter ended
In USD:
- Revenue at
- Net profit at
In INR:
- Revenue at
- Net profit at
Other FY23 highlights:
Clients:
- 728 active clients as of
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-
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People:
- 84,546 professionals as of
- Trailing 12 months attrition was
Deal Wins
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Selected as the key digital transformation partner by Currys, a
UK based retailer of technology products and services. This multi-million-dollar collaboration will enable Currys in strengthening its market position. LTIMindtree aims to enhance Currys' omnichannel revenue stream and drive cost transformation. - onsemi, a global leader in intelligent power and image sensing technologies, has chosen LTIMindtree as a strategic service provider for developing its next-generation enterprise IT support platform. This multi-year deal will involve LTIMindtree collaborating with onsemi's IT team to drive innovation and increase efficiency. The IT transformation is part of onsemi's broader strategy to streamline operations and invest in growth areas, such as electric vehicles, ADAS, alternative energy, and industrial automation.
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LTIMindtree has been selected by Hellenic Bank, a leading financial institution in
Europe , as their exclusive Strategic Sourcing partner for their digital transformation program improving the customer experience through digitalisation, streamlining processes, and offering competitive products. - A North American manufacturer of high-performance building solutions chose LTIMindtree for its digital transformation journey. LTIMindtree would be the sole partner helping the client with its hybrid cloud infrastructure and 100+ enterprise applications landscape.
- Awarded multi-year, multi-million-dollar deal by a financial insurance company to provide them application and data services.
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Independent testing deal signed with one of the largest property and casualty insurance company in
the United States . - An American insurance company which is the largest provider of supplemental insurance in the US has partnered with LTIMindtree for a multi-year AMS deal.
- Chosen by a global leader of engineered products and services for agricultural equipment to provide consulting and testing services.
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One of the major airlines in
the United States has selected LTIMindtree as a partner of choice in an application maintenance deal.
Recognitions
- Recognized in The Forrester Customer Analytics Services Providers Landscape, Q1 2023.
- Named as a 'Leader' in ISG Provider Lens™ Google Cloud Partner Ecosystem 2022.
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LTIMindtree named as a ‘Major Contender’ in
Everest Group's Digital Transformation Consulting PEAK Matrix® Assessment 2023. - Recognized in 2022 Gartner® Magic Quadrant™ for Oracle Cloud Application Services, worldwide.
- Recognized in 2022 Gartner® Magic Quadrant™ for SAP S/4HANA Application Services, worldwide.
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LTIMindtree named as a ‘Leader’ and ‘Star Performer’ in
Everest Group's Application and Digital Services in P&C Insurance PEAK Matrix Assessment 2023. - Named winner in the 2023 Artificial Intelligence Excellence Awards for LTIMindtree’s Canvas.
- Earned the 2022 Innovation Awards for OnDemand Enablement Tooling from Duck Creek Technologies in the CBO (Custom Business Object) Remediation and DB Reference Data Remediation categories.
- Recognized as One of the Best Organizations for Women, 2023, by The Economic Times.
- Recognized at the DivHERsity Awards 2023 among the Top 5 Most Innovative Practices in the ‘Women L&D Programs’ and the Top 20 Most Innovative Practices in the ‘Women Returnee Programs’ categories.
*GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the
Announcements
The Board of Directors have recommended a final dividend of
About LTIMindtree
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. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a
Earnings Conference Call
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Click here: https://LTIMindtree.zoom.us/j/84021137095 |
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Webinar ID: 840 2113 7095 |
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Transcript and recording will be available on: https://www.ltimindtree.com/ |
View source version on businesswire.com: https://www.businesswire.com/news/home/20230427005570/en/
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Source: LTIMindtree