LTIMindtree has announced its financial results for the second quarter (Q2) of fiscal year 2025, showcasing solid growth in both revenue and net profit on a quarter-on-quarter (QoQ) basis. The company’s revenue and profitability have shown significant improvement, driven by increased operational efficiencies and strategic focus on key business segments.
Key Financial Highlights:
- Revenue Growth:
LTIMindtree reported revenue of ₹9,432.9 crore for Q2 FY25, reflecting a 3.2% increase QoQ from ₹9,142.6 crore in Q1 FY25, and a 5.9% increase YoY from ₹8,905.4 crore in Q2 FY24. - Net Profit:
The company’s net profit for Q2 FY25 rose to ₹1,251.6 crore, marking a 10.3% growth QoQ from ₹1,135.1 crore in Q1 FY25, and a 7.7% increase YoY from ₹1,162.3 crore in Q2 FY24. - Gross Profit:
Gross profit for the quarter stood at ₹2,905.2 crore, a 4.8% QoQ growth from ₹2,771.1 crore in Q1 FY25, and 3.7% YoY growth from ₹2,800.6 crore in Q2 FY24. - EBITDA and EBIT:
- EBITDA grew by 5.8% QoQ to ₹1,699.3 crore, compared to ₹1,606.1 crore in Q1 FY25.
- EBIT rose to ₹1,458.2 crore, a 6.4% QoQ growth, from ₹1,370.9 crore in the previous quarter.
- Forex Gains and Other Income:
The company recorded forex gains of ₹75.1 crore in Q2 FY25, compared to a loss of ₹2.1 crore in Q2 FY24. Other income for the quarter was ₹223.8 crore, slightly higher than ₹213.7 crore in Q1 FY25. - Margins:
- EBITDA margin for Q2 FY25 stood at 18.0%, up from 17.6% in the previous quarter.
- EBIT margin was 15.5%, compared to 15.0% in Q1 FY25.
- PAT margin improved to 13.3%, up from 12.4% in Q1 FY25.
Key Financial Data Table (Q2 FY25 vs Q1 FY25):
| Particulars | Q2 FY25 | Q1 FY25 | QoQ Growth (%) |
|---|---|---|---|
| Revenue (₹ crore) | 9,432.9 | 9,142.6 | 3.2% |
| Gross Profit (₹ crore) | 2,905.2 | 2,771.1 | 4.8% |
| EBITDA (₹ crore) | 1,699.3 | 1,606.1 | 5.8% |
| EBIT (₹ crore) | 1,458.2 | 1,370.9 | 6.4% |
| Net Profit (₹ crore) | 1,251.6 | 1,135.1 | 10.3% |
| EBITDA Margin | 18.0% | 17.6% | |
| EBIT Margin | 15.5% | 15.0% | |
| PAT Margin | 13.3% | 12.4% |
LTIMindtree’s strong Q2 FY25 performance reflects the company’s ability to maintain steady growth and deliver operational efficiencies across its segments. With significant improvements in margins and net profit, the company is well-positioned to navigate market challenges and capitalize on future opportunities.
