Information-technology services firm LTIMindtree, performed well compared to its larger peers but it acknowledges macro headwinds. This was evident in the firm’s share price, which was up 5.8 per cent as the markets closed. Debashis Chatterjee, chief executive officer and managing director, in a video interview with Shivani Shinde talks about the macro factors, demand drivers, and hybrid work. Edited excerpts:
How does the client environment look at present?
Decision cycles are continuing to take longer, and clients are not able to make big decisions. Along with that, there is a significant reduction in discretionary spend. For example, during the