LTM’s net profit declined by 5% year-on-year in the second quarter of fiscal year 2027, but the company’s board approved a dividend of ₹25 per equity share. Despite the profit drop, LTM showed growth in revenue and key business areas, reflecting its ongoing focus on AI and digital solutions.
- Net profit decreased 5% year-on-year in Q2 FY27.
- Revenue from operations rose 2% quarter-on-quarter to ₹11,808 crore.
- Operating profit (EBIT) increased 2.2% to ₹1,839 crore.
- Dollar revenue grew 1.1% sequentially and 5.1% year-on-year on a constant currency basis.
- Order inflow for the quarter was $1.26 billion, down from $1.68 billion last quarter.
- Board approved an interim dividend of ₹25 per share.
- Company’s total headcount reached 88,835 with 949 new additions.
- Strong growth in AI-related revenue and key industry segments.
What were LTM’s key financial results in Q2 FY27?
LTM reported a net profit decline of 5% compared to the same quarter last year. However, revenue from operations increased by 2% quarter-on-quarter, reaching ₹11,808 crore. Operating profit, or EBIT, rose 2.2% to ₹1,839 crore. The company’s operating margin slightly improved from 15.5% to 15.6% compared to the previous quarter.
How did LTM perform in terms of revenue and orders?
On a constant currency basis, LTM’s dollar revenue grew 1.1% sequentially to $1,235.2 million and 5.1% year-on-year. The order inflow for the quarter was $1.26 billion, which was lower than $1.68 billion in the previous quarter and $1.59 billion a year ago. This indicates some softness in new orders despite revenue growth.
What role did AI play in LTM’s performance?
CEO and Managing Director Venu Lambu highlighted the company’s AI-centric strategy as a key driver of growth. Revenue from Enterprise AI and Business AI grew 47% year-on-year. This growth reflects LTM’s focus on integrating technology and domain expertise to help clients adopt AI solutions. The company also added a new financial services client contributing over $100 million in revenue.
Which industries and regions showed growth?
Among industry segments, consumer revenue grew 8.6% year-on-year in constant currency, production increased 7.4%, and technology and services rose 7%. Financial services, the largest segment, grew modestly by 0.4% annually. Geographically, North America, which accounts for 74.3% of revenue, grew 4.8% year-on-year in constant currency. Europe grew 7.2%, and the rest of the world increased by 4.4%.
What about LTM’s workforce and dividend?
The company’s total headcount increased by 949 employees during the quarter, reaching 88,835. The board approved an interim dividend of ₹25 per equity share of ₹1 each, with October 23, 2026, set as the record date for dividend payment.
How did the stock market respond to LTM’s results?
On October 16, 2026, LTM shares closed at ₹4,390 on the National Stock Exchange, gaining 3.66%. The earnings announcement came after market hours. As of that date, LTM’s market capitalization stood at ₹1.30 lakh crore.
Who is LTM?
LTM, formerly known as LTIMindtree, is a global technology consulting and digital solutions company. It helps enterprises across industries reimagine business models, accelerate innovation, and maximize growth by leveraging digital technologies.
