LTIMindtree Delivers Strong Quarter, Broad-based Growth Across Business

Revenue growth of 2.4% QoQ in CC

EBIT margin expands by 160 bps QoQ to 15.9%

INR revenue crosses 10,000 crores for the quarter

Mumbai, October 16, 2025: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the second quarter ended September 30, 2025, as approved by its Board of Directors.

“Q2FY26 has been a strong quarter for us, marked by broad-based performance across our business. We delivered our second consecutive quarter of growth with margin improvement ahead of plan. We are committed to becoming an AI-centric organization, leveraging our BlueVerse™ ecosystem. Our strategy remains on course, and our results reflect disciplined execution, the depth of our client relationships, and solid progress in our ongoing transformation.”

– Venu Lambu, Chief Executive Officer and Managing Director

Key financial highlights:

Quarter ended September 30, 2025

In USD:

• Revenue at $1,180.1 million (+2.3% Q-o-Q / +4.8% Y-o-Y)
• Revenue in constant currency (+2.4% Q-o-Q / +4.4% Y-o-Y)
• Operating margin (EBIT) at 15.9%, expands by 160 bps Q-o-Q
• Net profit at $156.8 million (+6.6% Q-o-Q / +4.9% Y-o-Y)

In INR:

• Revenue at ₹1,03,943 million (+5.6% Q-o-Q / +10.2% Y-o-Y)
• EBIT at ₹16,481 million (+17.2% Q-o-Q / +13.0% Y-o-Y)
• Net profit at ₹13,812 million (+10.1% Q-o-Q / +10.4% Y-o-Y)

Other highlights:

Clients:

• 749 active clients as of September 30, 2025
• $1 million+ clients increased by 10 on a Y-o-Y basis, total 402
• $5 million+ clients increased by 4 on a Y-o-Y basis, total 158
• $10 million+ clients increased by 5 on a Y-o-Y basis, total 93
• $20 million+ clients increased by 3 on a Y-o-Y basis, total 45
• $50 million+ clients increased by 2 on a Y-o-Y basis, total 14

People:

• 86,447 professionals as of September 30, 2025. Added 2,558 employees in Q2.
• Trailing 12-month attrition was 14.2%
• Utilization (ex-trainees) at 88.1%

Deal Wins

• LTIMindtree secured a large deal with a leading global media and entertainment company to drive its digital transformation and enable an AI-centric delivery model.
• LTIMindtree has been selected as a Strategic Partner by a global financial institution to deliver end-to-end technology and consulting services across all its lines of business, spanning multiple geographies, positioning us as one of their five major service partners.
• LTIMindtree has been selected by a global manufacturer of chemicals to oversee and execute their technology transformation in a rapidly evolving industry landscape. LTIMindtree will deploy its BlueVerse™ tech to drive AI efficiencies and streamlined processes for cost management and rapid innovation.
• LTIMindtree has expanded its strategic partnership with a global hospitality major through a significant, multi-year deal to accelerate their digital and guest loyalty transformation initiatives.
• LTIMindtree has won a contract from the Government of India’s Central Board of Direct Taxes (CBDT) to transform India’s PAN infrastructure. Our recent press release highlights the win in detail.
• LTIMindtree has been chosen as a Strategic Partner by a leading Fintech solution provider to deliver Merchant Certification Services through an automation-first approach.
• LTIMindtree has been chosen by a Europe-based life sciences company to lead a large-scale ERP transformation, reimagining all key business processes through an S/4 HANA implementation.
• LTIMindtree expanded its strategic engagement by winning a large deal with a technology major to drive cloud migration for their customers, enabling quicker time-to-market in a cost-effective way.

Partnerships

• LTIMindtree has been named a Leader across all three evaluated quadrants — Snowflake Implementation Services, Snowflake Managed Services, and Snowflake Consulting and Advisory Services — in the ISG Provider Lens™ Snowflake Ecosystem Partners 2025 – U.S.
• LTIMindtree has been recognized as one of the Strategic Global Partners featured in Microsoft’s FY26 Agentic AI Playbook.
• LTIMindtree has signed a Strategic Collaboration Agreement with AWS and is named as Elite Partner for VMware migrations to drive growth across key industries through targeted solutions in Migration, Modernization, GenAI, and SAP.
• LTIMindtree has launched BlueVerse™ Foundry on AWS Marketplace, enabling customers to discover, purchase, and deploy BlueVerse™ Foundry through their AWS accounts.
• LTIMindtree’s next-gen AI-powered Contact Center as a Service (CCaaS) is now available on the AWS Marketplace, offering enterprises a scalable and intelligent customer engagement platform.
• LTIMindtree has partnered with Shopify to set up an AI Commerce Center of Excellence to create industry accelerators.
• LTIMindtree has partnered with Adobe to launch BlueVerse™ CraftStudio, a new-age marketing agency built to help clients maximize and accelerate AI-driven marketing ROI.

Recognitions

• LTIMindtree recognized as a Leader in Everest Group’s Application Development Services for AI Applications PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Leader in Everest Group’s Talent Readiness for Next-Gen Gloud Services PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Major Contender in Everest Group’s Digital Workplace Services Global PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Major Contender in Everest Group’s Application Transformation Services for AI Enablement PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Major Contender in Everest Group’s Global Capability Center (GCC) Transformation Capabilities PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Major Contender in Everest Group’s Property & Casualty Insurance BPS PEAK Matrix® Assessment 2025.
• LTIMindtree recognized as a Major Contender in Everest Group’s CPG Services PEAK Matrix® Assessment 2025.
• LTIMindtree recognized in ISG’s Provider Lens™ Life Sciences Digital Services 2025 as a Leader in Manufacturing Supply Chain service providers and a Rising Star in Clinical Development service providers.
• LTIMindtree recognized in Forrester’s ‘The AI Consulting Services Landscape, Q3 2025’.
• LTIMindtree recognized in Forrester’s ‘The Commerce Services Landscape, Q3 2025’.

Announcements
The Board of Directors has approved an interim dividend of ₹22 per equity share of par value ₹1 each.