Synopsis
LTM, formerly known as LTIMindtree, posted revenue of Rs 11,292 crore for the March quarter, up 4.7% sequentially and 15.6% year-on-year, driven by improving deal momentum, despite a tepid macro environment. The company is aiming to double its revenue in the next five years, after crossing the Rs 10,000-crore topline mark in the July-September 2025 quarter.Listen to this article in summarized format
LTM, formerly known as LTIMindtree, posted revenue of Rs 11,292 crore for the March quarter, up 4.7% sequentially and 15.6% year-on-year, driven by improving deal momentum, despite a tepid macro environment. The company is aiming to double its revenue in the next five years, after crossing the Rs 10,000-crore topline mark in the July-September 2025 quarter.
“With strong order intake, a healthy pipeline, and a clear strategic direction as a Business Creativity partner, LTM is well placed for sustainable growth,” said Venu Lambu, chief executive, LTM.
For the full financial year FY26, LTM reported revenue of Rs 42,308 crore, marking an 11.3% increase over FY25. In dollar terms, revenues stood at $4.8 billion, having increased 5.3% in constant currency terms. Net profit for the year rose 16.9% to Rs 5,378 crore.
In Q4, the company’s operating margin contracted sharply by 100 basis points sequentially to 15.1%, but expanded by 130 basis points from a year earlier, aided by productivity gains under the company’s Fit for Future programme and currency gains.
The company’s workforce remained largely stable during the quarter at 87,950 employees, with a marginal decline sequentially but an addition of 3,643 employees compared to the previous year, indicating cautious hiring amid productivity gains driven by automation and AI.
The firm is looking to delink revenue and headcount growth with increasing use of generative artificial intelligence. LTM added over $60 million in incremental revenue without net hiring in the first half of FY26, aided by about 1,500 digital agents deployed alongside its workforce, managing director and chief executive Venu Lambu had told ET previously. However, the company will continue to increase its fresher intake.
Ahead of the results on Thursday LTM’s shares closed 1.83% lower at Rs 4520.25 per share on the BSE, as the benchmark index fell 1.09% from previous close.
The company also announced a final dividend of Rs 53 per share for FY26.
