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LTIMindtree (LTIM) investor relations material
LTIMindtree Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26 delivered strong performance with revenue of $1.18 billion, up 2.3% sequentially and 4.8% year-over-year in USD terms, and consolidated revenue of ₹103,943 million, reflecting year-over-year growth.
EBIT margin expanded to 15.9%, driven by margin improvement initiatives and forex tailwinds, with PAT up 10.2% year-over-year.
Order inflow reached $1.59 billion, up 22% year-over-year, with large deals signed across all five verticals and over 700 global clients.
Strategic focus on AI-centric transformation, sales transformation, and operational excellence continues, with expanded alliances with AWS, Microsoft, and Google Cloud.
Workforce exceeded 86,000, with over 80,000 employees completing Gen AI Foundation training.
Financial highlights
Revenue: $1,180 million, up 2.3% QoQ and 4.8% YoY in USD; INR revenue crossed ₹10,000 crore; consolidated income for Q2 FY26 was ₹106,947 million.
EBIT margin: 15.9%, up 160 bps sequentially; PAT: ₹1,381 crore, up 10.1% QoQ and 10.4% YoY; EPS at all-time high of ₹47.2.
Operating cash flow to PAT: 85.6%; Free cash flow to PAT: 72.4%; net cash from operations for H1 FY26 was ₹22,156 million.
Cash and investments: $1.58 billion (₹14,000 crore); cash and cash equivalents at period end were ₹19,199 million.
Interim dividend of ₹22 per share declared, up 10% YoY.
Outlook and guidance
Confident in sustaining profitable growth momentum, targeting near double-digit growth in H2 FY26.
Optimistic about BFSI and overall growth, with large deal ramp-ups expected in Q3 and Q4.
Wage hikes to be implemented in two tranches (Jan and Apr), reflecting a new normal.
Margin expansion expected to continue, supported by productivity, pyramid correction, and cost levers.
Results are in compliance with Indian Accounting Standards and have been reviewed and approved by the Board.
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