LTM, previously known as LTIMindtree, has announced a significant year-on-year profit increase of 18.8%, amounting to Rs 1,341 crore for the January-March quarter. However, the profit saw a sequential decline of 4.3% due to one-time exceptional items.
In terms of revenue, LTM reported Rs 11,292 crore for the March quarter, marking a 4.7% increase from the previous quarter and a 15.6% rise compared to the same period last year. This growth is attributed to a favorable deal momentum, despite challenges in the broader economic environment.
Strategic Goals
LTM is setting ambitious targets for the future. The company aims to double its revenue within the next five years, following its achievement of surpassing the Rs 10,000-crore revenue milestone in the July-September 2025 quarter.
CEO's Insights
Venu Lambu, the CEO of LTM, expressed confidence in the company’s prospects, stating, "With strong order intake, a healthy pipeline, and a clear strategic direction as a Business Creativity partner, LTM is well placed for sustainable growth." This reflects a commitment to leveraging its capabilities for long-term success.
Annual Performance
For the entire fiscal year 2026, LTM reported total revenues of Rs 42,308 crore, which is an 11.3% increase over fiscal year 2025. In dollar terms, the revenue stood at $4.8 billion, reflecting a 5.3% rise in constant currency.
This performance underscores LTM's resilience and adaptability in a fluctuating market, positioning it as a key player in the software services sector.
