LTI Mindtree Limited has announced a board meeting scheduled for January 19, 2026, to consider the company's financial performance for the third quarter of fiscal year 2026. The IT services company informed stock exchanges about this development through a regulatory filing dated January 6, 2026.

Board Meeting Details

The Board of Directors will convene on Monday, January 19, 2026, to consider, approve and take on record the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The meeting will also review the Limited Review Reports from the Statutory Auditor.

Earnings Conference Call

Following the board meeting, LTIMindtree will conduct an earnings conference call to discuss the quarterly performance with investors and analysts. The call is scheduled for 18:00 hours IST on January 19, 2026.

Participants must register in advance using the provided Zoom webinar registration link. The session will begin with a management discussion on Q3FY26 performance, followed by an interactive question and answer segment.

Trading Window Closure

In accordance with SEBI regulations on insider trading and the company's internal code, LTIMindtree has implemented a trading window closure for its securities. The restriction period covers both the lead-up to and immediate aftermath of the results announcement.

Regulatory Compliance

The announcement fulfills the company's obligations under multiple SEBI regulations:

• Regulation 29 of LODR requires prior intimation of board meetings for financial results
• Regulation 30 mandates disclosure of material events including earnings calls
• Regulation 46 ensures website publication of board meeting notices

The board meeting notice will be made available on the company's investor relations website at ltimindtree.com/investors/, along with the eventual recording and transcript of the earnings call. This quarterly results announcement represents a key milestone in LTIMindtree's financial calendar, providing stakeholders with insights into the company's operational and financial performance for the third quarter of fiscal 2026.

LTIMindtree has demonstrated strong momentum in the September quarter (Q2 FY25), delivering robust order bookings and achieving significant revenue milestones. The country's sixth largest software exporter by annual revenue reported $1.6 billion in new project contracts, marking the fourth consecutive quarter with order bookings exceeding $1.5 billion.

Financial Performance Highlights

The company achieved several notable milestones during the quarter. Revenue crossed the ₹10,000 crore mark for the first time, reaching ₹10,394.30 crore with 5.6% sequential growth. In dollar terms, revenue grew 2.3% sequentially to $1,180.10 million, representing the sixth consecutive quarter of growth.

Order Bookings and Business Momentum

The $1.6 billion in new project contracts was driven by deals in digital transformation and artificial intelligence across major industry verticals. This strong order booking performance reflects 22.00% year-on-year growth in new orders, positioning the company well for continued growth in the second half of the fiscal year.

Segment Performance and Strategic Shifts

The banking, financial services, and insurance (BFSI) vertical, which contributes 36.00% to total revenue, showed modest sequential growth of 0.20% in the September quarter. The segment's revenue share decreased from 37.00% in the June quarter. Additionally, the contribution from top five clients declined to 25.30% from 27.30% in the previous quarter.

Management attributed these trends to revenue recalibration from the BFSI vertical and top five clients due to improved productivity driven by AI initiatives. The company views this as a transitional phase rather than a structural shift and expects growth in these accounts going forward.

Operational Efficiency and Margin Expansion

Operating margins improved significantly by 160 basis points sequentially to 15.90% in the September quarter. This improvement resulted from the company's efforts to streamline operations, absence of visa costs, and favorable currency movements. The enhanced operational efficiency demonstrates LTIMindtree's focus on profitability alongside growth.

Market Performance and Analyst Outlook

The stock has gained 18.00% over the past three months, outperforming the 11.00% gain in the ET Infotech Index. Analysts have responded positively to the company's performance, with Axis Securities raising its target price to ₹6,250 from ₹5,585, and Elara Securities increasing its target to ₹6,320 from ₹5,500. The stock closed at ₹6,161 on Wednesday.