LTIMindtree Q3 results: PAT falls 11% YoY to Rs 971 crore impacted by new labour code, revenue up 12%

LTIMindtree reported an eleven percent YoY decline in Q3 net profit due to one-time labour code costs. Excluding this impact, profit and revenue grew strongly, supported by AI-led deals, margin expansion, steady dollar growth and a rising base of large clients.