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Margins to improve by 200-250 bps next quarter: LTIMindtree CEO

In a Q&A, Debashis Chatterjee also dwells on the impact of the economic slowdown on his firm's demand outlook

Debashis Chatterjee, LTI Mindtree CEO
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Debashis Chatterjee, LTI Mindtree CEO

Sourabh Lele New Delhi
LTIMindtree recorded a 4.7 per cent dip in the net profits in Q3FY23, the first quarter after the merger of erstwhile IT services majors L&T Infotech and Mindtree. Debashis Chatterjee, the CEO and MD of LTIMindtree in an interview with Sourabh Lele says the margins may improve by 200-250 basis points in the next quarter, as integrations will complete.

How would you summarise the quarter? What are the key takeaways from Q3FY23?

It was a historic quarter as two organisations are operationally merging. The process started on November 14, so we had only six weeks in this quarter. Despite all