LTIMindtree Sees Revenue Rise, Eyes AI Future

LTIMindtree announced its March quarter results, with revenue climbing 4.7% sequentially to ₹11,291.7 crore, surpassing estimates. Net profit also saw a significant increase of 44.6% quarter-on-quarter, reaching ₹1,387 crore, aided by a lower base. Operationally, EBIT margins contracted slightly to 15.1% from 16.1% in the prior quarter.

CEO & MD Venu Lambu emphasized the company's accelerated transition to an AI-led model, powered by the BlueVerse platform and talent transformation initiatives. He noted that efficiencies from the Fit4Future program and ongoing large deal wins are enhancing its "Business Creativity" position.

For the full fiscal year 2026, LTIMindtree posted revenue of ₹42,307.6 crore and a net profit of ₹4,982.7 crore. The board has proposed a final dividend of ₹53 per share. Management anticipates wage hikes impacting margins in the current and next quarters, partly offset by operational efficiencies.

Looking ahead, LTIMindtree targets improved margins over FY26. While the BFSI vertical is expected to stabilize, growth is anticipated from sectors like hi-tech and healthcare. Investors will closely monitor growth sustainability amidst global macro headwinds and potential billing deferments in the Middle East.