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LTIMindtree Q2 Results: Cons PAT jumps 12% YoY to Rs 1,401 crore, revenue up 10%

by TheAdviserMagazine
8 months ago
in Business
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LTIMindtree Q2 Results: Cons PAT jumps 12% YoY to Rs 1,401 crore, revenue up 10%
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Mid-tier IT services company LTIMindtree on Thursday reported a 12% YoY growth in its consolidated Q2 net profit at Rs 1,401 crore versus Rs 1,251 crore in the year-ago period. The profit after tax (PAT) is attributable to the company’s shareholders.

The company’s revenue from operations in the quarter under review stood at Rs 10,394 crore, which was up 10% over Rs 9,433 crore in the corresponding quarter of the last financial year.

The net profit rose 12% on a sequential basis compared to Rs 1,254 crore in Q1FY26, while the topline increased 6% versus Rs 9,841 crore in the April-June quarter.

The company announced a dividend of Rs 22 per equity share, and will be paid within 30 days from today. The company has set October 24 as the record date for the purpose.

Also Read: Wipro Q2 Results: Cons PAT rises 1.2% YoY to Rs 3,246 crore, misses Street estimates

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On a standalone basis, the net profit stood at Rs 1,381 crore, up 10% QoQ and 10.4% YoY while the revenue was reported at Rs 10,394 crore, rising by 5.6% QoQ and 10.2% YoY.The Earnings Before Interest and Taxes (EBIT) stood at Rs 1,648 crore, rising by 17.2% QoQ and 13% YoY.The dollar revenue was reported at $1,180.1 million, up 2.3% QoQ and 4.8% YoY while the revenue in constant currency increased 2.4% QoQ and 4.4% YoY. The operating margin (EBIT) stood at 15.9%, expanding by 160 bps QoQ. The net profit stood at $156.8 million, up 6.6% QoQ and up 4.9% YoY.

Commenting on the company’s earnings, Venu Lambu, Chief Executive Officer and Managing Director said that Q2FY26 was a strong quarter for LTIM, marked by broad-based performance across its 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,” Lambu said.

Also Read: Eternal Q2 Results: Zomato parent’s PAT plunges 63% YoY to Rs 65 crore, but revenue soars 183%

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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