IT solutions provider LTIMindtree reported a 7.75% increase in Q2 net profits to Rs 1,251 crore. Revenues rose by 5.91% to Rs 9,432 crore. The quarter marked growth across verticals, with significant deals and hiring supporting future momentum.

Bengaluru: Technology consulting and digital solutions company LTIMindtree on Thursday reported $1.12 billion in revenue in the quarter ended September 30, a 4.7 per cent growth (year-on-year). The company clocked net profit of $149.

Indian IT services firm LTIMindtree missed quarterly revenue estimates on Thursday, hurt by weak tech spending. The company's consolidated revenue rose 5.9% to 94.33 billion rupees ($1.12 billion) in the three months to Sept.

Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients. The company's consolidated revenue stood at 409.