LTIMindtree Targets Double-Digit Growth, Margin Expansion in H2
LTI Mindtree aims for near double-digit year-on-year revenue growth and plans to expand margins by 100 basis points over the next two quarters. The company's strategy focuses on winning large deals through vendor consolidation, with one large deal already announced and another expected soon. LTI Mindtree is capitalizing on its strong positioning in AI and client modernization projects, viewing AI as a key driver for growth and winning large contracts. Despite potential revenue shrinkage in certain categories, the company sees AI as an opportunity to accelerate overall growth.

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LTI Mindtree , a leading global technology consulting and digital solutions company, has set ambitious goals for the second half of the financial year, according to Managing Director and CEO Venu Lambu. The company is aiming for near double-digit year-on-year revenue growth and plans to expand its margins by 100 basis points over the next two quarters.
Growth Strategy
LTI Mindtree's growth strategy is centered on winning large deals through vendor consolidation. The company has already announced one large deal in the first quarter and expects to secure another significant contract soon. This approach aligns with the company's focus on expanding its market presence and driving substantial revenue growth.
AI and Modernization Focus
Lambu highlighted the company's strong positioning in artificial intelligence (AI) and client modernization projects. He noted that AI has transitioned from experimental to core investments for clients, presenting a significant opportunity for LTI Mindtree. The company is capitalizing on its AI capabilities, which Lambu emphasized are crucial for winning large deals in the current market landscape.
Margin Expansion
Following margin expansion in the first quarter, LTI Mindtree is targeting further improvements. The company's plan to expand margins by 100 basis points over the next two quarters demonstrates its commitment to enhancing profitability alongside revenue growth.
Outlook
Despite potential revenue shrinkage in certain categories, Lambu sees AI as an opportunity to accelerate overall growth. The company's focus on large deals, AI investments, and margin expansion reflects its strategic approach to navigating the evolving technology services landscape.
LTI Mindtree's ambitious targets and strategic focus on AI and large deals position the company to potentially capitalize on the growing demand for digital transformation and AI-driven solutions in the global market.
Historical Stock Returns for LTI Mindtree
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-2.67% | -7.89% | -1.75% | +9.85% | -17.67% | +100.11% |