LTI Mindtree , a leading technology consulting and digital solutions company, has reported robust financial results for the second quarter, marking a significant milestone in its growth trajectory.

Strong Revenue Growth

LTIMindtree's consolidated revenue crossed the Rs 10,000 crore mark for the first time, reaching Rs 10,394.00 crore in Q2. This represents a sequential increase of 5.6%, highlighting the company's strong market position and continued growth momentum.

Impressive Profitability Metrics

The company's financial performance showed substantial improvements across key metrics:

The impressive 17.2% jump in EBIT (Earnings Before Interest and Taxes) to Rs 1,648.00 crore, along with a 160 basis points expansion in EBIT margin to 15.9%, underscores LTIMindtree's operational efficiency and profitability improvements.

Driving Factors Behind Growth

LTIMindtree attributes its strong performance to several key factors:

1. 'Fit for Future' Efficiency Drive: The company's strategic initiative focused on enhancing operational efficiency.
2. AI Adoption: Widespread implementation of AI across operations has contributed to improved productivity.
3. Automation: CFO Vipul Chandra noted that the company achieved revenue growth without significant headcount increases, thanks to automation and generative AI tools.

Future Outlook

LTIMindtree has set ambitious targets for the future:

• The company expects to reach or approach double-digit USD revenue growth in H2 FY26.
• This projection is supported by strong deal momentum and the company's proprietary BlueVerse AI platform.

Market Response

The market has responded positively to LTIMindtree's performance:

• Nuvama, a brokerage firm, has raised its target price for LTIMindtree to Rs 6,900.00.
• Emkay has maintained an 'Add' rating with a target price of Rs 6,200.00.

LTIMindtree's strong Q2 results, particularly its revenue milestone and margin expansion, reflect the company's robust business model and effective strategy execution in a competitive tech landscape. The focus on AI and automation appears to be paying dividends, positioning the company well for future growth in the rapidly evolving digital solutions market.

LTIMindtree , a global technology consulting and digital solutions company, has announced a groundbreaking partnership with the International Film Festival of India (IFFI) and the National Film Development Corporation (NFDC) to launch India's first Artificial Intelligence (AI) Film Festival and Hackathon. This innovative initiative is set to take place from November 20 to 28, 2025, during the 56th edition of IFFI in Goa.

Bridging Technology and Cinema

The collaboration between LTIMindtree's BlueVerse Craft Studio and NFDC aims to create a pioneering platform that explores the intersection of cinema and emerging technologies. This initiative will provide a unique space for filmmakers, creators, technologists, and innovators to experiment with AI-powered storytelling tools and showcase creative use cases that could shape the future of cinematic expression.

Key Features of the AI Film Festival and Hackathon

Industry Perspectives

Shekhar Kapur, Festival Director of IFFI and Jury Chair of the IFFI AI Film Festival, emphasized the transformative potential of AI in cinema, stating, "Cinema has always reflected the power of human imagination. Today, AI gives us a new lens that expands our ability to dream, design, and express."

Dr. Sujay Sen, Executive Vice President & Global Head of Interactive Services at LTIMindtree, highlighted the company's vision, saying, "At LTIMindtree, we believe the future of storytelling lies at the confluence of human creativity and AI. Through this collaboration, we are proud to create a platform that nurtures innovation and brings the magic of AI to India's creative economy."

Implications for India's Creative Economy

This partnership positions India at the forefront of AI-driven cinematic innovation. By combining IFFI's legacy in celebrating cinematic excellence with LTIMindtree's technological expertise, the initiative aims to foster a new era of creative expression that leverages cutting-edge AI technologies.

The AI Film Festival and Hackathon represent a significant step towards integrating advanced technologies into India's vibrant film industry. It offers a unique opportunity for participants to explore how AI can enhance storytelling, potentially revolutionizing the way films are conceived, produced, and experienced.

As the worlds of technology and cinema continue to converge, initiatives like this could play a crucial role in shaping the future of India's creative economy, fostering innovation, and opening new avenues for artistic expression in the digital age.