loader2
Login Open ICICI 3-in-1 Account
Open ICICI 3-in-1 Account

LTIMindtree Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
LTIMindtree Ltd. 16 Oct 2025 17:22 PM
Result PDF

Q2FY26 Quarterly Result Announced for LTIMindtree Ltd.

IT Consulting & Software company LTIMindtree announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Revenue at Rs 1,03,943 million ( 5.6% QoQ / 10.2% YoY).
  • EBIT at Rs 16,481 million ( 17.2% QoQ / 13.0% YoY).
  • Net profit at Rs 13,812 million ( 10.1% QoQ / 10.4% YoY).

Other Highlights:

  • Clients:
    • 749 active clients as of September 30, 2025.
    • USD 1 million clients increased by 10 on a YoY basis, total 402.
    • USD 5 million clients increased by 4 on a YoY basis, total 158.
    • USD 10 million clients increased by 5 on a YoY basis, total 93.
    • USD 20 million clients increased by 3 on a YoY basis, total 45.
    • USD 50 million clients increased by 2 on a YoY basis, total 14.
  • People:
    • 86,447 professionals as of September 30, 2025. Added 2,558 employees in Q2.
    • Trailing 12-month attrition was 14.2%.
    • Utilization (ex-trainees) at 88.1%.

Venu Lambu, Chief Executive Officer and Managing Director, said: “Q2FY26 has been a strong quarter for us, marked by broad-based performance across our business. We delivered our second consecutive quarter of growth with margin improvement ahead of plan. We are committed to becoming an AI-centric organization, leveraging our BlueVerse™ ecosystem. Our strategy remains on course, and our results reflect disciplined execution, the depth of our client relationships, and solid progress in our ongoing transformation.”

Result PDF

Result PDF

IT Consulting & Software company LTIMindtree announced Q1FY26 results

  • Revenue at Rs 98,406 million ( 0.7% QoQ / 7.6% YoY).
  • Net profit at Rs 12,546 million ( 11.2% QoQ / 10.5% YoY).
  • Clients:
    • 741 active clients as of June 30, 2025.
    • USD 1 million clients increased by 14 on a YoY basis, total 404.
    • USD 5 million clients increased by 11 on a YoY basis, total 159.
    • USD 10 million clients increased by 3 on a YoY basis, total 90.
    • USD 50 million clients increased by 2 on a YoY basis, total 14.
  • People:
    • 83,889 professionals as of June 30, 2025.
    • Trailing 12-month attrition was 14.4%.
    • Utilization (ex-trainees) at 88.1%.

Venu Lambu, Chief Executive Officer & Managing Director, said: “We had a promising start to the year delivering broad-based growth, expanding margins, and making significant progress on our strategic priorities. Our Fit4Future program, sales transformation efforts, and pivot to AI have enhanced agility and strengthened our ability to scale for the future. While the macroeconomic environment remains challenging, I’m confident that our disciplined execution and unwavering client focus will continue to drive our performance.”

Result PDF

IT Consulting & Software company LTIMindtree announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue at Rs 97,717 million ( 1.1% QoQ / 9.9% YoY).
  • Net profit at Rs 11,286 million ( 3.9% QoQ / 2.5% YoY).

FY25 Financial Highlights:

  • Revenue at Rs 3,80,081 million ( 7.0% YoY).
  • Net profit at Rs 46,020 million ( 0.4% YoY).

Other Highlights:

  • Clients:
    • 741 active clients as of Mar 31, 2025.
    • USD 5 million clients increased by 1 on a YoY basis, total 154.
    • USD 50 million clients increased by 1 on a YoY basis, total 14.
  • People:
    • 84,307 professionals as of Mar 31, 2025.
    • Trailing 12 months attrition was 14.4%

Debashis Chatterjee, Chief Executive Officer & Managing Director, LTIMindtree, said: “We concluded FY25 with a revenue growth of 5% in constant currency terms and an EBIT margin of 14.5%. Our key verticals and a major geography drove our yearly growth despite an ongoing challenging macro environment. The robust order inflow, driven by a significant array of AI-led deal wins, illustrates the pervasive integration of AI across our service offerings.

Venu Lambu’s transition to LTIMindtree has been seamless and supports our strategic goals. His growing understanding of the organisation, combined with our ability to secure large deals, strong presence in tech-intensive sectors, and robust balance sheet, positions us well to leverage the opportunities ahead of us.”

Result PDF

IT Consulting & Software company LTIMindtree announced Q3FY25 results

Financial Highlights:

  • Revenue at Rs 96,609 million ( 2.4% QoQ / 7.1% YoY).
  • Net profit at Rs 10,867 million (-13.2% QoQ / -7.1% YoY)

Other Highlights:

  • Clients:
    • 742 active clients as of Dec 31, 2024.
    • USD 5 million clients increased by 3 on a YoY basis, total 152.
    • USD 10 million clients increased by 1 on a YoY basis, total 90.
    • USD 50 million clients increased by 1 on a YoY basis, total 13.
  • People:
    • 86,800 professionals as of Dec 31, 2024. Added 2,362 in Q3FY25.
    • Trailing 12 months attrition was 14.3%.

Debashis Chatterjee, Chief Executive Officer and Managing Director, said: “We closed Q3FY25 with a revenue of USD 1.14 billion, registering a sequential growth of 1.8% in constant currency and 1.1% in USD terms. Our differentiated AI strategy has helped us record our highest-ever order inflow of USD 1.68 billion, laying the foundation for future growth. Our ongoing investments in AI, including new partnerships and specializations, and accolades, support our efforts to continue growing as we enter CY25.”

Result PDF

IT Consulting & Software company LTIMindtree announced Q2FY25 results

Financial Highlights:

  • Revenue at Rs 94,329 million ( 3.2% QoQ / 5.9% YoY).

  • Net profit at Rs 12,516 million ( 10.3% QoQ / 7.7% YoY)

  • Operating Margin (EBIT) at 15.5%.

  • Declared an interim dividend of Rs 20 per equity share of Re 1 each.

Other Highlights:

  • Clients

  • 742 active clients as of Sep 30, 2024.

  • USD 5 million clients increased by 8 on a YoY basis, total 154.

  • USD 20 million clients increased by 1 on a YoY basis, total 42.

  • People

    • 84,438 professionals as of Q2FY25. Added 2,504 in Q2FY25.

    • Trailing 12 months attrition was 14.5%

Debashis Chatterjee, Chief Executive Officer and Managing Director, LTIMindtree said: “Q2 was a good quarter marked by broad-based sequential growth experienced across all our verticals and geos, helping us register a dollar growth of 2.8%. We had several multi-year deal closures, including a USD 200 million deal. Continued deal momentum in key verticals and significant Q2 hiring, including freshers, positions us well as we enter into the latter half of the fiscal year.

As GenAI becomes pivotal in customer interactions, there is a noticeable trend of modernization efforts focusing on transforming the data estate. Our robust Data practice, combined with our innovative LTIMindtree AI platform, establishes us as a significant disruptor." 

Result PDF

 

 

 

 

 

 

 

IT Consulting & Software company LTIMindtree announced Q1FY25 results:

Financial Highlights:

  • In USD:
    • Revenue at USD 1,096.2 million ( 2.5% QoQ / 3.5% YoY)
    • Net profit at USD 136.1 million ( 2.8% QoQ / -2.9% YoY)
  • In INR:
    • Revenue at Rs 91,426 million ( 2.8% QoQ / 5.1% YoY)
    • Net profit at Rs 11,351 million ( 3.1% QoQ / -1.5% YoY)

Other Highlights:

  • Clients:
    • 748 active clients as of June 30, 2024
    • USD 1 million clients increased by 2 on a YoY basis, total 390
    • USD 20 million clients increased by 3 on a YoY basis, total 43
  • People:
    • 81,934 professionals as of June 30, 2024
    • Trailing 12 months attrition was 14.4%

Debashis Chatterjee, Chief Executive Officer and Managing Director, said: “While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of USD 1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in USD terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at USD 1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.”

Result PDF

IT Consulting & Software company LTIMindtree announced FY24 & Q4FY24 results:

Q4FY24 Financial Highlights:

• In USD:
Revenue at USD 1,069.4 million (-1.3% QoQ / 1.1% YoY)
Net profit at USD 132.4 million (-5.8% QoQ / -2.4% YoY)
• In INR:
Revenue at Rs 88,929 million (-1.4% QoQ / 2.3% YoY)
Net profit at Rs 11,007 million (-5.9% QoQ / -1.2% YoY)

FY24 Financial Highlights:

• In USD:
Revenue at USD 4,287.3 million (growth of 4.4% YoY)
Net profit at USD 553.4 million (growth of 1.4% YoY)
• In INR:
Revenue at Rs 3,55,170 million (growth of 7.0% YoY)
Net profit at Rs 45,846 million (growth of 4.0% YoY) 

Other highlights:
• Clients:

  • 738 active clients as of March 31, 2024.
  • USD 5 million clients increased by 7 on a YoY basis, total 153.
  • USD 10 million clients increased by 10 on a YoY basis, total 91.
  • USD 20 million clients increased by 2 on a YoY basis, total 40.

• People:

  • 81,650 professionals as of March 31, 2024.
  • Trailing 12 months attrition was 14.4%.

Debashis Chatterjee, Chief Executive Officer and Managing Director said, “We closed FY24 amidst a tough macro environment and delivered a resilient performance with full-year revenue growth of 4.4% in USD terms and an EBIT margin of 15.7%. Our order inflow for the full year at USD 5.6 billion registered a 15.7% growth over FY23. This growth reflects the positive outcomes of our positioning as an organization with scale, expanded capabilities, and larger partnerships. As the market dynamics evolve, we are excited to be part of innovations, partnerships, and initiatives that our clients will embark on in FY 25.”

Result PDF

IT Consulting & Software company LTIMindtree announced Q3FY24 & 9MFY24 results:

Q3FY24:

  • In USD:
    • Revenue at $1,083.7 million (growth of 0.8% QoQ / 3.5% YoY)
    • Net profit at $140.5 million (growth of 0.1% QoQ / 15.6% YoY)
  • In INR:
    • Revenue at Rs 90,166 million (growth of 1.2% QoQ / 4.6% YoY)
    • Net profit at Rs 11,693 million (growth of 0.6% QoQ / 16.8% YoY)

9MFY24 vs 9MFY23:

  • In USD:
    • Revenue at $3,217.9 million (growth of 5.6%)
    • Net profit at $421.1 million (growth of 2.7%)
  • In INR:
    • Revenue at Rs 2,66,241 million (growth of 8.7%)
    • Net profit at Rs 34,839 million (growth of 5.7%)

Other highlights:

  • Clients: 739 active clients as of December 31, 2023
    • $5 million clients increased by 5 on a YoY basis, total 149
    • $10 million clients increased by 8 on a YoY basis, total 89
    • $20 million clients increased by 3 on a YoY basis, total 40
    • $50 million clients increased by 1 on a YoY basis, total 12
  • People:
    • 82,471 professionals as of December 31, 2023
    • Trailing 12 months attrition was 14.2%

“Our strong operational performance in a seasonally weak quarter speaks about the organization’s resilience amid the continuing macro challenges. For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.

We have booked our highest-ever order inflow at USD 1.5 billion, representing a 21% increase YoY, and our strong cash flow metrics helped us cross Rs 10,000 crore in cash and investment balance. These strong indicators make us confident to deliver on our path to success as we enter the new year.” said Debashis Chatterjee, Chief Executive Officer and Managing Director.

 

Result PDF

IT Consulting & Software company LTIMindtree announced Q2FY24 results:

  • In USD terms:
    • Revenue at USD 1,075.5 million (growth of 1.6% QoQ / 5.2% YoY)
    • Net profit at USD 140.4 million (growth of 0.2% QoQ / decline of 5.0% YoY)
  • In INR terms:
    • Revenue at Rs 89,054 million (growth of 2.3% QoQ / 8.2% YoY)
    • Net profit at Rs 11,623 million (growth of 0.9% QoQ / decline of 2.2% YoY)
  • Clients:
    • 737 active clients as of September 30, 2023
    • USD 10 million clients increased by 13 on a YoY basis, a total of 90
    • USD 20 million clients increased by 3 on a YoY basis, a total of 41
    • USD 50 million clients increased by 3 on a YoY basis, a total of 14
  • People:
    • 83,532 professionals as of September 30, 2023
    • Trailing 12 months attrition was 15.2%

“Our results in the second quarter were highlighted by strong revenue growth of 5.2% YoY, in USD terms, along with a healthy operating margin of 16% despite wage hikes across the organization. This all-round performance, in a challenging business environment, demonstrates the strength of our capabilities and disciplined execution.

Our robust order inflow at USD 1.3 billion, representing a 20% increase YoY, and growth across our client bands speaks to the strength of our client relationships, robust delivery, and our ability to address the priorities of our clients across their efficiency and transformation mandates.” said, Debashis Chatterjee, Chief Executive Officer and Managing Director.

 

 

Result PDF

IT Consulting & Software company LTIMindtree announced Q1FY24 results:

  • Financial Highlights:
    • In USD:
      • Revenue at USD 1,058.7 million (growth of 0.1% QoQ / 8.1% YoY)
      • Net profit at USD 140.1 million (growth of 3.4% QoQ / decline of 1.2% YoY)
    • In INR:
      • Revenue at Rs 87,021 million (growth of 0.1% QoQ / 13.8% YoY)
      • Net profit at Rs 11,523 million (growth of 3.4% QoQ / 4.1% YoY)
  • Client Additions:
    • 723 active clients as of June 30, 2023
    • USD 5 million clients increased by 18 on a YoY basis, total 148
    • USD 10 million clients increased by 9 on a YoY basis, total 88
    • USD 50 million clients increased by 3 on a YoY basis, total 13
  • People:
    • 82,738 professionals as of June 30, 2023
    • Trailing 12 months attrition was 17.8%

Debashis Chatterjee, Chief Executive Officer and Managing Director, LTIMindtree, said, “During the first quarter of FY24, LTIMindtree delivered 8.2% YoY revenue growth in Constant Currency. Our key verticals BFSI, Manufacturing & Resources, and Hi-Tech, Media, and Entertainment which make up 75% of our revenues performed well. Our strategic programs are bearing fruit and are evident in the upward movement across our client buckets. The order inflow continued to increase and reached USD 1.41 billion in this quarter. Our operational rigor helped us achieve an EBIT of 16.7% and PAT of 13.2%”.

 

Result PDF

Trending News

Saregama India's announced strategic partnership with, and investment in, Sanjay Leela Bhansali's Bhansali Productions

Saregama India's announced strategic partnership with, and investment in, Sanjay Leela Bhansali's Bhansali Productions

Published on 17-Dec-2025 09:01

The Competition Commission of India (CCI) has approved ITC’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Ltd (ABREL).

The Competition Commission of India (CCI) has approved ITC’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Ltd (ABREL)

Published on 17-Dec-2025 09:00

Zydus Lifesciences has received a USFDA acceptance for its ANDA of for copper histidinate (CUTX-101), intended to treat Menkes disease in pediatric patients.

Zydus Lifesciences has received a USFDA acceptance for its ANDA of for copper histidinate (CUTX-101), intended to treat Menkes disease in pediatric patients.

Published on 16-Dec-2025 09:05

KIMS has commenced operations at its newly established hospital located at the PES University campus in Electronic City, Bengaluru

Krishna Institute of Medical Sciences (KIMS) has commenced operations at its newly established hospital located at the PES University campus in Electronic City, Bengaluru

Published on 16-Dec-2025 09:03

Power Grid Corporation of India Ltd (POWERGRID) has been declared the successful bidder under Tariff-Based Competitive Bidding

Power Grid Corporation of India Ltd (POWERGRID) has been declared the successful bidder under Tariff-Based Competitive Bidding 

Published on 16-Dec-2025 09:01

Marico is in talks to acquire Cosmix, a startup that sells plant-based protein supplements

Marico is in talks to acquire Cosmix, a startup that sells plant-based protein supplements

Published on 16-Dec-2025 09:00

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app
✕
Application status