LTIMindtree shares surged more than 2% in Friday’s trade after the IT major posted strong financial results for the second quarter of FY26, surpassing market expectations across key parameters.
On a consolidated basis, LTIMindtree’s revenue for Q2FY26 rose 5.6% sequentially to ₹10,394.3 crore, compared to ₹9,840.6 crore in the previous quarter, slightly above analysts’ estimates of ₹10,264.5 crore.
The company’s EBIT grew 17% quarter-on-quarter to ₹1,648.1 crore from ₹1,406.5 crore, comfortably beating estimates of ₹1,532 crore. Operating margin also improved to 15.9%, up from 14.3% in the previous quarter, reflecting better cost efficiencies and project mix.
Net profit jumped 12% QoQ to ₹1,401.1 crore compared to ₹1,254.1 crore in Q1FY26, surpassing Street expectations of ₹1,282.7 crore.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
