LTIMindtree Secures Largest-Ever $450 Million Deal with Global Agribusiness Leader

1 min read     Updated on 12 May 2025, 01:29 PM
scanxBy ScanX News Team
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Overview

LTIMindtree has secured a $450 million, seven-year contract with a leading global agribusiness company. The deal involves implementing an AI-powered operating model for application management, infrastructure support, and cybersecurity services. LTIMindtree will enhance the client's operational efficiency and global growth using platforms like SAP S/4HANA and Microsoft Azure. This contract marks LTIMindtree's largest-ever deal and highlights its growing influence in the agribusiness sector.

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LTIMindtree , a leading technology consulting and digital solutions company, has announced a major business breakthrough, securing its largest-ever $450 million seven-year contract with a prominent global agribusiness leader. This landmark deal marks a significant milestone for LTIMindtree, underlining its growing influence in the agribusiness sector and its ability to forge large-scale, long-term partnerships.

Deal Highlights

Aspect Details
Contract Value $450.00 million
Duration 7 years
Client Leading global agribusiness company (unnamed)
Sector Agribusiness

Strategic Implications

This newly secured contract represents a major win for LTIMindtree, showcasing the company's:

  1. Expanding Sector Presence: The deal highlights LTIMindtree's growing footprint in the agribusiness sector, a critical area in the global economy.

  2. Large-Scale Partnership Capabilities: By securing its largest-ever contract, LTIMindtree demonstrates its ability to attract and manage significant, long-term business relationships.

  3. Technological Expertise: The selection of LTIMindtree for this substantial project indicates the company's recognized capabilities in providing advanced technological solutions tailored to the agribusiness industry.

Scope of Services

LTIMindtree will implement an AI-powered operating model for:

  • Application management
  • Infrastructure support
  • Cybersecurity services

The deal aims to enhance the client's operational efficiency, scalability, and global growth using platforms like SAP S/4HANA and Microsoft Azure.

Industry Impact

The partnership between LTIMindtree and the global agribusiness leader is poised to drive technological advancements in the agricultural sector. This collaboration involves:

  • Implementation of cutting-edge digital solutions
  • Enhancement of supply chain efficiencies
  • Development of data-driven decision-making tools
  • Integration of advanced analytics and AI in agricultural processes

This deal not only bolsters LTIMindtree's position in the market but also signals a growing trend of digital transformation in the agribusiness sector. As technology continues to play a crucial role in modernizing agriculture, partnerships like this are likely to become increasingly common and valuable.

The seven-year nature of the contract suggests a long-term commitment to technological innovation and digital solutions in the agribusiness industry, potentially setting new standards for the sector.

As this significant partnership unfolds, industry observers will be keen to see how it drives innovation in the agribusiness landscape. This deal stands as a testament to LTIMindtree's growing influence and expertise in providing AI-powered digital solutions to complex global industries.

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LTIMindtree Reports Solid Growth in FY25, Expresses Confidence in Future Prospects

1 min read     Updated on 24 Apr 2025, 09:04 AM
scanxBy ScanX News Team
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Overview

LTIMindtree announced its FY25 financial results, reporting a 7% year-over-year revenue growth to ₹380,081 million. The company's net profit marginally increased by 0.4% to ₹46,020 million. Q4 FY25 saw revenue rise by 9.9% year-on-year to ₹97,717 million. The company secured $6 billion in orders for FY25, up 6% annually, driven by AI-led deal wins. LTIMindtree introduced a 'Fit for Future' program to improve margins from Q1 FY26. The Board recommended a final dividend of ₹45.00 per equity share.

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*this image is generated using AI for illustrative purposes only.

LTIMindtree , a global technology consulting and digital solutions company, has announced its financial results for the fourth quarter and full year ended March 31, 2025, showcasing resilient performance amidst challenging market conditions.

Financial Highlights

For the fiscal year 2025, LTIMindtree reported:

  • Revenue of ₹380,081.00 million, up 7.0% year-over-year
  • Net profit of ₹46,020.00 million, a marginal increase of 0.4% from the previous year
  • Operating Margin (EBIT) at 14.5%

In USD terms, the company's revenue grew by 4.8% year-over-year to $4,492.50 million, with a 5.0% growth in constant currency.

Q4 FY25 Performance

For the quarter ended March 31, 2025, LTIMindtree posted:

  • Revenue of ₹97,717.00 million, up 1.1% quarter-on-quarter and 9.9% year-on-year
  • Net profit of ₹11,286.00 million, an increase of 3.9% quarter-on-quarter and 2.5% year-on-year

Key Business Metrics

LTIMindtree's client base continued to expand, with:

  • 741 active clients as of March 31, 2025
  • $5 million+ clients increased by 1 on a Y-o-Y basis, totaling 154
  • $50 million+ clients increased by 1 on a Y-o-Y basis, reaching 14

The company's workforce stood at 84,307 professionals, with a trailing 12-month attrition rate of 14.4%.

Strategic Developments and Outlook

Debashis Chatterjee, Chief Executive Officer and Managing Director of LTIMindtree, expressed confidence in the company's future, stating, "We concluded FY25 with a revenue growth of 5% in constant currency terms and an EBIT margin of 14.5%. Our key verticals and a major geography drove our yearly growth despite an ongoing challenging macro environment."

The company reported a robust order inflow of $6 billion for FY25, up 6% on a full-year basis. This growth was driven by a significant array of AI-led deal wins, highlighting the pervasive integration of AI across LTIMindtree's service offerings.

'Fit for Future' Program

LTIMindtree has introduced its 'Fit for Future' program, which is expected to help improve margins starting from Q1 of FY26. This initiative, along with the company's strong presence in tech-intensive sectors and its robust balance sheet, positions LTIMindtree well to leverage future opportunities.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹45.00 per equity share of par value ₹1.00 each for the financial year ended March 31, 2025, subject to shareholders' approval.

As LTIMindtree navigates the evolving technology landscape, its focus on AI-driven solutions and strategic programs like 'Fit for Future' demonstrate the company's commitment to maintaining its competitive edge and driving sustainable growth in the coming years.

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