LTI Mindtree , a global technology consulting and digital solutions company, has announced robust financial results for the second quarter of fiscal year 2026, while also setting ambitious growth targets for the future.

Strong Q2 FY26 Performance

The company reported impressive growth across key financial metrics for the quarter ended September 30, 2025:

• Revenue reached ₹103,943.00 million, marking a 5.60% increase quarter-on-quarter and a 10.20% rise year-on-year.
• In USD terms, revenue stood at $1,180.10 million, growing 2.30% quarter-on-quarter and 4.80% year-on-year.
• Operating margin (EBIT) expanded by 160 basis points quarter-on-quarter to 15.90%.
• Net profit rose to ₹13,812.00 million, up 10.10% quarter-on-quarter and 10.40% year-on-year.

Key Operational Highlights

LTIMindtree's operational performance also showed positive trends:

• The company's active client base grew to 749 as of September 30, 2025.
• There was a notable increase in high-value client relationships, with 45 clients contributing $20 million or more annually, up from 42 in the previous year.
• The workforce expanded to 86,447 professionals, with 2,558 employees added in Q2.
• Utilization rate (excluding trainees) remained steady at 88.10%.

Future Growth Targets

LTIMindtree has set a target to achieve nearly double-digit growth in USD terms by the second half of FY26. The company plans to continue its margin expansion strategy during this period, indicating a focus on both top-line growth and profitability improvement.

Strategic Initiatives and Partnerships

LTIMindtree's growth strategy includes:

• Becoming an AI-centric organization, leveraging its BlueVerse™ ecosystem.
• Expanding strategic partnerships, including being recognized as one of the Strategic Global Partners in Microsoft's FY26 Agentic AI Playbook.
• Signing a Strategic Collaboration Agreement with AWS and being named as an Elite Partner for VMware migrations.

Management Commentary

Venu Lambu, Chief Executive Officer and Managing Director of LTIMindtree, commented on the results: "Q2FY26 has been a strong quarter for us, marked by broad-based performance across our 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."

Dividend Announcement

The Board of Directors has approved an interim dividend of ₹22.00 per equity share of par value ₹1.00 each, demonstrating the company's commitment to shareholder returns.

LTIMindtree's strong Q2 performance and ambitious growth targets reflect its strategic focus on leveraging AI and digital technologies to drive business transformation for its clients. As the company aims for nearly double-digit USD growth by H2 FY26, investors and industry observers will be watching closely to see how these plans unfold in the coming quarters.

LTI Mindtree , a global technology consulting and digital solutions company, has announced robust financial results for the second quarter, demonstrating solid growth and improved profitability.

Key Financial Highlights

• Revenue reached ₹103,943.00 million, marking a 10.2% year-on-year increase and a 5.6% quarter-on-quarter growth
• EBIT (Earnings Before Interest and Taxes) stood at ₹16,481.00 million, up 13.0% year-on-year and 17.2% quarter-on-quarter
• Net profit rose to ₹13,812.00 million, showing a 10.4% year-on-year and 10.1% quarter-on-quarter increase
• EBIT margin expanded to 15.9%, a significant improvement of 160 basis points from the previous quarter

Operational Performance

LTIMindtree's operational metrics also showed positive trends:

• The company's client base grew to 749 active clients
• Added 23 new clients during the quarter
• Increased its $20 million+ clients by 3 and $50 million+ clients by 2 on a year-on-year basis
• Total employee count reached 86,447, with 2,558 employees added in Q2
• Trailing 12-month attrition rate improved to 14.2%

Strategic Initiatives and Deal Wins

The company secured several significant deals across various sectors:

• A large deal with a global media and entertainment company for AI-centric digital transformation
• Strategic partnership with a global financial institution for end-to-end technology and consulting services
• Contract with a global manufacturer of chemicals for technology transformation
• Multi-year deal with a global hospitality major for digital and guest loyalty transformation
• Contract from the Government of India's Central Board of Direct Taxes (CBDT) to transform India's PAN infrastructure

Industry-wise Performance

LTIMindtree's revenue growth was broad-based across industry segments:

Management Commentary

Venu Lambu, Chief Executive Officer and Managing Director of LTIMindtree, stated, "Q2 has been a strong quarter for us, marked by broad-based performance across our 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."

Dividend Announcement

The Board of Directors has approved an interim dividend of ₹22.00 per equity share of par value ₹1.00 each.

LTIMindtree's strong Q2 performance, characterized by revenue growth, margin expansion, and strategic deal wins, positions the company well for continued success in the evolving technology services landscape.