LTIMindtree Reports Solid Growth in FY25, Expresses Confidence in Future Prospects
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.
24Apr 25
LTIMindtree: Q4 Results Lead to Mixed Analyst Reactions
LTIMindtree announced its Q4 FY2025 results with revenue reaching ₹9,772.00 crore, up 10.00% year-on-year, and net profit at ₹1,129.00 crore, increasing 2.00% year-on-year. The company secured deals worth $1.60 billion during the quarter. Despite challenges, LTIMindtree remains optimistic, targeting $5.90 billion in deal value for FY2025, a 6.60% YoY growth. The company focuses on AI-led solutions, cost-take-out initiatives, and transformation programs. Management expects growth and margin expansion in Q1 FY26 due to deal ramp-ups and large deal positioning.
23Apr 25
LTIMindtree Reports Steady Growth in Q4 and FY25, Propelled by AI-Led Deals
LTIMindtree announced its Q4 and FY25 results, showing steady growth despite challenging conditions. Q4 revenue reached $1,131.00 million, up 5.8% YoY. FY25 revenue was $4,492.50 million, growing 4.8% YoY. The company secured $6 billion in order inflow for FY25, up 6% annually, with significant AI-led deal wins. Banking, Financial Services & Insurance remained the largest revenue contributor at 37.1% in Q4. North America accounted for 74.5% of Q4 revenue. The company maintained a 14.5% operating margin for FY25 and recommended a final dividend of ₹45.00 per share.
23Apr 25
LTIMindtree Reports 7% Revenue Growth in FY25 with Strong Order Inflow
LTIMindtree announced its FY25 results, showing a 7% year-on-year revenue growth to ₹380,081 million. Net profit slightly increased by 0.4% to ₹46,020 million. Q4 FY25 saw a 9.9% year-on-year revenue growth. The company reported strong operational metrics with a 6% increase in order inflow to USD 6 billion. The workforce stood at 84,307 with a 14.4% attrition rate. LTIMindtree maintained focus on AI-led solutions and strategic partnerships. A final dividend of ₹45 per share was recommended.
LTIMindtree: Q4 Profit Up 2%, Declares ₹45 Dividend
LTIMindtree announced its Q4 and FY25 results, showing resilience in a tough economic climate. FY25 revenue grew 4.8% to $4,492.50 million, with net profit at ₹46,020.00 million. Q4 saw 10% YoY revenue growth to ₹9,772.00 crore. The company maintained a strong order book of $6.00 billion for the full year, up 6%. A final dividend of ₹45 per share was recommended. The company highlighted its focus on AI-led deals and partnerships, receiving multiple industry recognitions.
22Apr 25
LTIMindtree Sets Q4 Results Date, Approves Key Resolutions via Postal Ballot
LTIMindtree will announce Q4 and FY2025 results on April 23, 2025, with the board considering a final dividend. The company's shareholders approved two resolutions via postal ballot: appointing Mr. Venugopal Lambu as Whole-time Director and revising remuneration for Mr. Nachiket Deshpande. Both resolutions passed with over 99% votes in favor.
02Apr 25
LTIMindtree Forges Strategic Alliance with PHINIA for IT Transformation
LTIMindtree has formed a strategic partnership with PHINIA Inc. to revolutionize PHINIA's technological landscape. The collaboration focuses on transforming infrastructure and application services, leveraging AI and automation tools to manage operational risk and reduce complexity. LTIMindtree will provide comprehensive support for PHINIA's IT infrastructure transformation and enhance application maintenance and development services. This partnership aims to enable business efficiency and agility through AI-led IT transformation, supporting PHINIA's global growth and improving services for their customers.
31Mar 25
LTIMindtree Expands Partnership with Google Cloud, Focusing on Generative AI Solutions
LTIMindtree has announced an expansion of its strategic partnership with Google Cloud to develop industry-specific Generative AI solutions. The collaboration will leverage Google Cloud's AI technologies, including Agentic AI and Gemini models, to create tailored solutions for key industries such as BFSI, Manufacturing, Hi-Tech Media and Entertainment, Retail, and CPG. The partnership aims to maximize cloud ROI, modernize infrastructure, and accelerate AI adoption across various sectors. LTIMindtree will establish a dedicated team of experts to ensure seamless implementation of Google Cloud products and solutions for customers.
26Mar 25
LTIMindtree Expands Partnership with UAE's Arenco Group for Enhanced Tech Solutions
LTIMindtree has announced a significant expansion of its partnership with the UAE-based Arenco Group. This collaboration aims to enhance Arenco's technological capabilities, potentially reshaping its business landscape in the region. The partnership is expected to involve advanced technological solutions, digital transformation initiatives, and strategic consulting tailored to Arenco's diverse business portfolio. This move underscores the growing importance of digital solutions in the UAE's business ecosystem and could set a precedent for wider digital adoption across various sectors.
28Feb 25
LTIMindtree Expands Competency-Based Assessment to Senior Staff in Annual Evaluations
LTIMindtree has expanded its 'My Career My Growth' initiative to include project leads, managers, and lead architects in its annual performance evaluation. The new assessment criteria for senior staff comprises 50% project performance and 50% competency exam focusing on coding and mathematics skills. This move emphasizes the importance of maintaining technical proficiency at all levels of the organization, including leadership roles.
24Feb 25
LTIMindtree Shares See Massive Block Trade Worth ₹319.50 Crore on NSE
A significant block trade of 635,457 LTIMindtree Ltd. shares occurred on the National Stock Exchange (NSE). The shares were traded at ₹5,027.90 per share, totaling a transaction value of ₹319.50 crore. This large-scale trade has drawn attention from investors and analysts due to its potential impact on the stock's price and trading volume. LTIMindtree, formed from the merger of Larsen & Toubro Infotech and Mindtree, is a global technology consulting and digital solutions company.