LTIMindtree Q2 FY26 Results: Profit Grows 10.4% YoY, Interim Dividend of ₹22 Announced

Mumbai, October 16, 2025 – LTIMindtree Limited (NSE: LTIM, BSE: 540005) posted strong consolidated financial results for the second quarter ended September 30, 2025, achieving a double-digit revenue and profit growth. The growth was underpinned by strong performance across all its major business segments, particularly manufacturing, consumer business, and BFSI.

Strong Financial Performance

Revenue from operations increased 10.2% y-o-y to ₹1,03,943 million in Q2 FY26 from ₹94,329 million in the same quarter last year. Sequentially, it increased by 5.6%. Operating profit (EBIT) was higher by 13% YoY at ₹16,481 million, while net profit increased by 10.4% YoY to ₹13,812 million.

LTIMindtree’s EBIT margin rose by 40 basis points YoY to 15.9% and the PAT margin remained at 13.3%. The EPS came in at ₹47.28, an 11.9% increase over last year.

In a gesture reflecting its sound financial health, the company announced an interim dividend of ₹22 per face value ₹1 each share. The dividend record date is October 24, 2025, and it will be paid within 30 days.

Segment-Wise Growth

LTIMindtree reported across-the-board growth in all verticals. Banking, Financial Services & Insurance (BFSI) segment reported 12.1% YoY growth in revenue, whereas Manufacturing & Resources and Consumer Business registered 18.6% and 18.2% growth, respectively.

Technology, Media & Communications segment reported stabilization with a negligible reduction of 1.2% YoY, while Healthcare, Life Sciences & Public Services recorded modest growth of 2.6%.

In terms of dollars, revenue was $1,180.1 million, up by 2.3% QoQ and 4.8% YoY. The company onboarded new clients within the quarter, taking the count of active clients to 749, with 402 clients having more than $1 million in annual revenue and 93 clients with more than $10 million. Order intake was at $1.59 billion in Q2 FY26, indicating robust deal momentum.

Operational Highlights

The company’s headcount grew to 86,447, an increase of 2,558 professionals in the quarter. The attrition rate fell to 14.2% on a trailing twelve-month basis, which reflects enhanced employee retention.

Utilisation (excluding trainees) increased to 88.1%, representing effective management of resources. The company had a robust liquidity position with cash and investments of ₹1,39,995 million and free cash flow of ₹9,993 million for the quarter.

Interim Dividend and Outlook

The firm announced an interim dividend of ₹22 a share, with the record date being October 24, 2025, payable within 30 days.

In the coming quarters, LTIMindtree is confident to continue its growth momentum and enhance margins on the strength of strong deal pipelines, client growth, and rising adoption of its AI, cloud, and digital transformation solutions across industries.

Management Commentary

Observing the performance, Chief Executive Officer and Managing Director Venu Lambu said:

“Q2FY26 has been a robust quarter for us, characterized by well-rounded performance by our business across the board. We achieved our second quarter of growth in succession with margin expansion better than expected. Our performance is testament to disciplined execution, the strength of our relationships with clients, and good traction in transforming ourselves into an AI-led organization using our BlueVerse™ ecosystem.”

Strategic Developments

LTIMindtree won several large contracts in BFSI, media, chemicals, hospitality, fintech, and the public sector, reflecting its expanding global presence. The company also deepened alliances with AWS, Microsoft, Adobe, and Shopify to maximize its AI-driven and cloud transformation capabilities.

It was declared a Leader in numerous Everest Group and ISG Provider Lens reports, which reconfirmed its ranking among the world’s leading IT and digital consulting companies. LTIMindtree also broadened its BlueVerse™ Foundry and introduced new AI-driven platforms for customer experience and commerce transformation, solidifying its commitment to growth through innovation.

Stock Performance

As of 3:30 PM IST on October 16, the stock closed at ₹5,615.00, up ₹5.50 or 0.10% for the day. It opened at ₹5,630.00, reached an intraday high of ₹5,668.00 and a low of ₹5,590.00. The company has a market capitalization of ₹1.62 lakh crore, with a 52-week high of ₹6,767.95 and a 52-week low of ₹3,802.00.

REF: https://nsearchives.nseindia.com/corporate/LTI_16102025163505_stockexchangeoutcomefinalsigned.pdf

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