LTIMindtree Limited (BOM: 540005)

LTIMindtree Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	367,362	355,170	331,830	261,087	123,698	108,786
Revenue Growth (YoY)	5.21%	7.03%	27.10%	111.07%	13.71%	15.17%
Cost of Revenue	261,866	255,443	239,031	185,086	94,359	86,368
Gross Profit	105,496	99,727	92,799	76,001	29,339	22,418
Selling, General & Admin	2,462	2,462	2,320	1,726	124	304
Other Operating Expenses	36,262	33,391	29,402	21,789	1,964	1,821
Operating Expenses	47,747	44,042	38,949	29,486	5,413	4,855
Operating Income	57,749	55,685	53,850	46,515	23,926	17,563
Interest Expense	-1,879	-1,382	-1,154	-1,183	-788	-826
Interest & Investment Income	3,014	3,014	1,736	868	1,704	1,281
Currency Exchange Gain (Loss)	118	118	1,025	4,384	62	1,889
Other Non Operating Income (Expenses)	-601	-601	149	556	407	122
EBT Excluding Unusual Items	58,401	56,834	55,606	51,140	25,311	20,029
Gain (Loss) on Sale of Investments	3,140	3,140	1,670	1,799	-	-
Other Unusual Items	513	513	639	-	571	-
Pretax Income	62,054	60,487	57,915	52,939	25,882	20,029
Income Tax Expense	15,487	14,641	13,812	13,439	6,500	4,824
Earnings From Continuing Operations	46,567	45,846	44,103	39,500	19,382	15,205
Net Income to Company	46,567	45,846	44,103	39,500	19,382	15,205
Minority Interest in Earnings	-31	-25	-20	-17	-21	-4
Net Income	46,536	45,821	44,083	39,483	19,361	15,201
Net Income to Common	46,536	45,821	44,083	39,483	19,361	15,201
Net Income Growth	5.11%	3.94%	11.65%	103.93%	27.37%	0.28%
Shares Outstanding (Basic)	296	296	296	295	174	174
Shares Outstanding (Diluted)	297	297	296	296	176	176
Shares Change (YoY)	0.09%	0.14%	0.04%	68.61%	0.05%	0.07%
EPS (Basic)	157.22	154.85	149.07	133.68	110.98	87.45
EPS (Diluted)	156.86	154.48	148.83	133.35	110.26	86.61
EPS Growth	5.01%	3.80%	11.61%	20.94%	27.31%	0.21%
Free Cash Flow	48,054	48,263	21,553	21,934	21,277	13,970
Free Cash Flow Per Share	161.98	162.72	72.77	74.08	121.17	79.60
Dividend Per Share	65.000	65.000	60.000	45.000	40.000	28.000
Dividend Growth	-	8.33%	33.33%	12.50%	42.86%	0%
Gross Margin	28.72%	28.08%	27.97%	29.11%	23.72%	20.61%
Operating Margin	15.72%	15.68%	16.23%	17.82%	19.34%	16.14%
Profit Margin	12.67%	12.90%	13.28%	15.12%	15.65%	13.97%
Free Cash Flow Margin	13.08%	13.59%	6.50%	8.40%	17.20%	12.84%
EBITDA	62,634	59,736	57,489	49,418	25,482	18,692
EBITDA Margin	17.05%	16.82%	17.32%	18.93%	20.60%	17.18%
D&A For EBITDA	4,885	4,051	3,639	2,903	1,556	1,129
EBIT	57,749	55,685	53,850	46,515	23,926	17,563
EBIT Margin	15.72%	15.68%	16.23%	17.82%	19.34%	16.14%
Effective Tax Rate	24.96%	24.21%	23.85%	25.39%	25.11%	24.09%
Revenue as Reported	374,381	362,189	337,399	268,745	126,442	112,078
Advertising Expenses	-	818	978	609	124	304

Source: S&P Capital IQ. Standard template. Financial Sources.