LTIMindtree (LTIM) Q4 24/25 earnings summary

Executive summary

• FY 2025 revenue reached $4.5 billion, with 84,000+ employees and 700+ clients across 40+ countries, marking a period of consolidation and growth in key verticals and large AI-leveraged deals.

• Q4 FY25 revenue was $1,138.7M, up 5.8% year-over-year but down 0.7% sequentially.

• Strategic partnerships and customer relationships were strengthened, resulting in strong order inflow and improved CSAT scores.

• Leadership transition with Venu Lambu rejoining as CEO Designate, focusing on growth and transformation.

• Annual consolidated and standalone financial results for FY25 were audited and found to present a true and fair view in accordance with Indian Accounting Standards and SEBI regulations.

Financial highlights

• FY 2025 revenue was $4.5 billion (₹380,081 million), up 4.8% in USD and 5% in constant currency year-over-year.

• Q4 revenue was $1.13 billion, EBIT margin for FY 2025 was 14.5%, and PAT margin was 12.1%.

• Basic consolidated EPS for FY25 was ₹155.29, up from ₹154.85 in FY24.

• Operating cash flow to PAT was 98.8%, free cash flow to PAT at 78.5% for the year.

• Cash and investment balance at year-end was $1.56 billion.

Outlook and guidance

• Macro uncertainties persist into Q1 FY 2026, but management is confident in growth and margin improvement from Q1 onwards.

• Focus areas for demand: cost savings, vendor consolidation, and tech modernization, especially in the AI economy.

• Fit for Future program and Sales Transformation expected to yield quick wins and margin improvements.

• No specific quantitative guidance provided, but aspiration for industry-leading growth remains.

• The company continues to operate as a going concern, with no material uncertainties disclosed.