LTIMindtree Q1 net income 12.54B rupees, est. 11.94B rupees

LTIMindtree Q1 net income 12.54B rupees, est. 11.94B rupees

Title: LTIMindtree Q1 Results: Net Income Surges to ₹12.54 Billion, Exceeding Estimates

LTIMindtree, a prominent IT services company, has reported its Q1 FY26 earnings, revealing a significant increase in net income. The company's net income for the April to June quarter stood at ₹12.54 billion, surpassing the estimated ₹11.94 billion [1].

The company's revenue from operations for the quarter ended on June 30, 2025, rose by 12.4% to ₹2,233 crore from ₹1,982 crore in the corresponding period last year [1]. This robust revenue growth was driven by an increase in client spending and new project wins.

LTIMindtree's total expenses for the first quarter of FY26 increased by 13.2% to ₹1,981 crore compared to ₹1,755 crore in the same period a year ago [1]. The earnings per share (EPS) for the quarter stood at ₹14.76, indicating a strong performance.

The company's growth outlook for the fiscal year 2025-26 remains positive. LTIMindtree aims to report a double-digit growth in revenue and maintain its medium-term outlook of USD 2 billion [1].

In addition to the financial results, LTIMindtree announced the appointment of a new Chief Human Resource Officer, T Shivram, effective August 1, 2025 [1].

The company's stock price reacted positively to the news, trading higher in the market following the release of the Q1 results.

References:
[1] https://www.livemint.com/market/stock-market-news/lt-tech-q1-results-net-profit-rises-just-1-yoy-to-rs-316-crore-check-details-11752664619016.html
[2] https://m.economictimes.com/markets/stocks/live-blog/axis-bank-q1-results-live-updates-wipro-q1-earnings-jio-financial-q1-financial-report-hdfc-amc-lti-mindtree-indianhotels-dividends-announcement-today/liveblog/122615666.cms