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3 min read | Updated on October 16, 2025, 19:00 IST
SUMMARY
LTIMindtree Q2 result: At an operational level, its EBITDA grew 17% QoQ to ₹1,930.1 crore in the September quarter of FY26, as against ₹1,649.4 crore in the June quarter of the same fiscal year.
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On a geographic scale, the North American market contributed 74.2% to the company’s revenue during the second quarter of FY26. | Image: Shutterstock
In the quarter-ago period, the company had clocked a profit of ₹1,254.6 crore, it said in a regulatory filing.
Its INR revenue crossed the ₹10,000 crore mark, with revenue from operations advancing 5.6% QoQ to ₹10,394.3 crore during the quarter under review, compared to ₹9,840.6 crore in the first quarter of FY26.
The Mumbai-headquartered consultancy derived 36.2% of its revenue from the banking, financial services & insurance industry, 22.7% from the technology, media & communications industry, 19.5% from manufacturing & resources, 15.6% from consumer business, and the remaining 6% from the healthcare, life sciences & public services industry, during Q2FY26.
On a geographic scale, the North American market contributed 74.2% to the company’s revenue during the second quarter of FY26, trailed by Europe at 14.7%, and the rest of the world at 11.1%.
At an operational level, its EBITDA (earnings before interest, tax, depreciation, and amortisation), also known as operating profit, grew 17% QoQ to ₹1,930.1 crore in the September quarter of FY26, as against ₹1,649.4 crore in the June quarter of the same fiscal year.
Its margin expanded to 15.9% during the quarter, marking a 160 basis points (bps) QoQ jump from 14.3% in Q1FY26.
The company’s employee count stood at 86,447 professionals as of September 30, 2025, adding 2,558 employees in Q2.
The board of LTIMindtree declared a dividend of ₹22 per equity share of ₹1 each.
It also fixed Friday, October 24, 2025, as the record date, the company added that, “The interim dividend shall be paid within 30 days of declaration to those shareholders whose name will appear in the Register of Members or in the list of Beneficial Owners provided by the Depositories as on Friday, October 24, 2025, being the ‘Record Date’ fixed for the purpose.”
Commenting on the results, Venu Lambu, Chief Executive Officer and Managing Director at LTIMindtree, said: “Q2FY26 has been a strong quarter for us, marked by broad-based performance across our business. We delivered our second consecutive quarter of growth with margin improvement ahead of plan. We are committed to becoming an AI-centric organization, leveraging our BlueVerse ecosystem. Our strategy remains on course, and our results reflect disciplined execution, the depth of our client relationships, and solid progress in our ongoing transformation.”
Shares of LTIMindtree closed 0.10% higher at ₹5,615 apiece on the National Stock Exchange (NSE) on Thursday. However, the results were announced after the market closed.
LTIMindtree has a total market capitalisation of ₹1.66 lakh crore, as of October 16, 2025, according to data on the NSE.
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