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India's LTM reports marginal fall in second-quarter profit as revenue rises 13.6%

LTM, formerly LTIMindtree, reported a marginal 0.2% fall in second-quarter profit to 13.98 billion rupees, while revenue from operations rose 13.6% to 118.08 billion rupees.

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Indian IT services firm LTM, formerly known as LTIMindtree, reported a marginal fall in second-quarter profit on Friday.

Consolidated profit fell about 0.2% to 13.98 billion rupees ($147.22 million) in the quarter ended September 30, from 14.01 billion rupees a year earlier.

Revenue from operations in the quarter rose 13.6% year-on-year to 118.08 billion rupees, or about 11,807 crore rupees, as demand for the company's services held up.

The results come as India's large software services firms navigate a shift in client spending, with customers increasingly seeking AI-led services alongside traditional outsourcing work.

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Article: https://margallanews.com/story/mn-2026-10-16-ltm-second-quarter-profit