Indian IT services firm LTM, formerly known as LTIMindtree, reported a marginal fall in second-quarter profit on Friday.
Consolidated profit fell about 0.2% to 13.98 billion rupees ($147.22 million) in the quarter ended September 30, from 14.01 billion rupees a year earlier.
Revenue from operations in the quarter rose 13.6% year-on-year to 118.08 billion rupees, or about 11,807 crore rupees, as demand for the company's services held up.
The results come as India's large software services firms navigate a shift in client spending, with customers increasingly seeking AI-led services alongside traditional outsourcing work.
