LTIMindtree Q1: Net profit grows 11% QoQ, revenue increases marginally; check all details

The company has registered a marginal rise of 0.7% in revenue from operations quarter-on-quarter (QoQ) at ₹9,840.6 crore in contrast to ₹9,771.7 crore reported in Q4 FY25.

Its operating profit, or earnings before interest and tax (EBIT), for Q1 FY26 grew 4.5% to ₹1,406.5 crore as compared to ₹1,345.4 crore QoQ. Margin for the quarter under review also expanded from 13.8% in Q4 FY25 to 14.3%.

“We had a promising start to the year, delivering broad-based growth, expanding margins, and making significant progress on our strategic priorities. Our Fit4Future program, sales transformation efforts, and pivot to AI have enhanced agility and strengthened our ability to scale for the future. While the macroeconomic environment remains challenging, I’m confident that our disciplined execution and unwavering client focus will continue to drive our performance,” said Venu Lambu, Chief Executive Officer and Managing Director of LTIMindtree.

The IT firm’s dollar revenue increased 2% on the quarter to $1,153.3 million, while on a year-on-year basis, it has gained 5.2%.

Ahead of its earnings, shares of LTIMindtree settled at ₹5,169 apiece on the National Stock Exchange, declining 2.97%.

LTIMindtree's board has approved the issue of 67,252 new shares, each valued at ₹1, to the LTIMindtree Employee Welfare Trust, under its Employees Stock Option Plan of 2021 and 2015.

The shares will later be transferred to eligible employees upon exercise of options.

At the end of the quarter, the company’s headcount stands at 83,889.

The Larsen & Toubro group firm is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximise growth by harnessing digital technologies.