No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, April 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

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

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
LTIMindtree Q2 Results: Cons PAT jumps 12% YoY to Rs 1,401 crore, revenue up 10%
Share on FacebookShare on TwitterShare on LInkedIn


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

Live Events

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.)



Source link

Tags: ConscrorejumpsLTIMindtreePATresultsRevenueYoY
ShareTweetShare
Previous Post

BlackRock’s crypto push deepens with a retooled product to serve stablecoin issuers

Next Post

We were 62 and 63 and ready to retire. Nearly $900K saved and a paid-off home. Yet every month we felt broke and anxious. Something had to change

Related Posts

edit post
Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and .2B operating cash flow, while flagging M raw material headwind (NYSE:ALV)

Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and $1.2B operating cash flow, while flagging $90M raw material headwind (NYSE:ALV)

by TheAdviserMagazine
April 17, 2026
0

Earnings Call Insights: Autoliv, Inc. (ALV) Q1 2026 Management view "The first quarter exceeded our expectations, driven by strong sales...

edit post
Illinois is OpenAI and Anthropic’s latest battleground as state eyes liability for AI catastrophes

Illinois is OpenAI and Anthropic’s latest battleground as state eyes liability for AI catastrophes

by TheAdviserMagazine
April 17, 2026
0

OpenAI and Anthropic are backing opposing AI bills in the Illinois General Assembly that try to answer what should happen...

edit post
NI cap cuts salary sacrifice, hurts pensions, ICAS warns

NI cap cuts salary sacrifice, hurts pensions, ICAS warns

by TheAdviserMagazine
April 17, 2026
0

The Institute of Chartered Accountants of Scotland (ICAS) has warned that the Chancellor’s cap on national insurance (NI) relief could...

edit post
Europe stocks rebound amid Middle East peace signals (EUR:USD:)

Europe stocks rebound amid Middle East peace signals (EUR:USD:)

by TheAdviserMagazine
April 17, 2026
0

Apr 17, 2026, 4:57 AM ETEuro / US Dollar (EUR:USD), GF, EWG, FXB, EWU, DAX, EWI, EWQ, FKU, FGM, GREK,...

edit post
A secretive tycoon called the ‘French Murdoch’ holds the key to Bill Ackman’s  billion bid to UMG

A secretive tycoon called the ‘French Murdoch’ holds the key to Bill Ackman’s $64 billion bid to UMG

by TheAdviserMagazine
April 17, 2026
0

Activist investor Bill Ackman has his sights set on Universal Music Group, and he’s launched a complex $64 billion proposal...

edit post
Rupee touches one-week high on report of RBI plan to ease oil refiners’ dollar bids

Rupee touches one-week high on report of RBI plan to ease oil refiners’ dollar bids

by TheAdviserMagazine
April 17, 2026
0

The Indian rupee rose to a one-week high on Friday after a Reuters report said the central bank took steps...

Next Post
edit post
We were 62 and 63 and ready to retire. Nearly 0K saved and a paid-off home. Yet every month we felt broke and anxious. Something had to change

We were 62 and 63 and ready to retire. Nearly $900K saved and a paid-off home. Yet every month we felt broke and anxious. Something had to change

edit post
IPO-bound Groww launches commodities trading services on platform

IPO-bound Groww launches commodities trading services on platform

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Violent downturns could test new ETF strategies, warns MFS Investment

Violent downturns could test new ETF strategies, warns MFS Investment

0
edit post
Radhakishan Damani-backed VST Industries shares jumps 15% as Q4 profit doubles to Rs 116 crore

Radhakishan Damani-backed VST Industries shares jumps 15% as Q4 profit doubles to Rs 116 crore

0
edit post
Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and .2B operating cash flow, while flagging M raw material headwind (NYSE:ALV)

Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and $1.2B operating cash flow, while flagging $90M raw material headwind (NYSE:ALV)

0
edit post
Negotiating With Iran | Armstrong Economics

Negotiating With Iran | Armstrong Economics

0
edit post
Record Stocks Highs And Cooling Volatility Spark K Bitcoin Price Target

Record Stocks Highs And Cooling Volatility Spark $88K Bitcoin Price Target

0
edit post
BYD Runs Into Big Problems At Home

BYD Runs Into Big Problems At Home

0
edit post
Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and .2B operating cash flow, while flagging M raw material headwind (NYSE:ALV)

Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and $1.2B operating cash flow, while flagging $90M raw material headwind (NYSE:ALV)

April 17, 2026
edit post
Illinois is OpenAI and Anthropic’s latest battleground as state eyes liability for AI catastrophes

Illinois is OpenAI and Anthropic’s latest battleground as state eyes liability for AI catastrophes

April 17, 2026
edit post
Negotiating With Iran | Armstrong Economics

Negotiating With Iran | Armstrong Economics

April 17, 2026
edit post
Hire a Registered Dietitian for Zero Out of Pocket + My Honest Review of Nourish

Hire a Registered Dietitian for Zero Out of Pocket + My Honest Review of Nourish

April 17, 2026
edit post
BIRD Soars: How I Called the Hottest Play of the Day

BIRD Soars: How I Called the Hottest Play of the Day

April 17, 2026
edit post
NI cap cuts salary sacrifice, hurts pensions, ICAS warns

NI cap cuts salary sacrifice, hurts pensions, ICAS warns

April 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Autoliv reiterates 2026 adjusted operating margin of 10.5% to 11% and $1.2B operating cash flow, while flagging $90M raw material headwind (NYSE:ALV)
  • Illinois is OpenAI and Anthropic’s latest battleground as state eyes liability for AI catastrophes
  • Negotiating With Iran | Armstrong Economics
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.