LTM profit dips marginally, revenue up 13.6% YoY
Executive Brief • Key Highlights
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- ✓LTM reported a mixed September quarter for fiscal year 2027, with profit falling 0.1% to Rs 1,398 crore.
- ✓Revenue grew 13.6% to Rs 11,807.6 crore, supported by financial services.
- ✓CEO Venu Lambu said, "We are well positioned for stronger growth ahead." The company also declared an interim dividend of Rs 25.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Revenue recorded healthy growth on a year-on-year (YoY) basis by 13.6% to Rs 11,807.6 crore supported by financial services, consumer and production sector in key regions of North America and Europe. Rest of the World region and technology & services vertical showed a sequential degrowth, which impacted revenue to grow by 1.7% from the June quarter.
LTM (formerly LTIMindtree) reported a mixed performance for the September quarter of ongoing fiscal year 2027, with net profit remaining almost flat edging down by 0.1% and falling by 4.8% sequentially to Rs 1,398 crore impacted by cost pressures and income loss during the second quarter of FY27.
Revenue recorded healthy growth on a year-on-year (YoY) basis by 13.6% to Rs 11,807.6 crore supported by financial services, consumer and production sector in key regions of North America and Europe. Rest of the World region and technology & services vertical showed a sequential degrowth, which impacted revenue to grow by 1.7% from the June quarter.
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Economic Times
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