LTIMindtree reported a mixed set of numbers for the quarter ended December 31, 2025 (Q3 FY26), with revenue growth but pressure on profitability due to an exceptional item linked to the new labour code.
Revenue from operations for the quarter came in at Rs 10,781 crore, compared with Rs 9,661 crore in the same period last year, marking a steady year-on-year increase. On a sequential basis, revenue also improved from Rs 10,394 crore reported in the September quarter.
However, net profit after tax declined to Rs 960 crore in Q3 FY26, compared with Rs 1,087 crore in Q3 FY25. Profit was also lower sequentially versus Rs 1,381 crore posted in the previous quarter.
The company reported profit before tax of Rs 1,305 crore, which was impacted by an exceptional charge of Rs 590 crore related to the implementation of the new labour code. Excluding this exceptional item, profitability would have been higher.
Total income for the quarter stood at Rs 11,008 crore, while total expenses increased to Rs 9,113 crore, driven largely by higher employee benefit costs and operating expenses.
For the nine months ended December 31, 2025, LTIMindtree reported a net profit of Rs 3,595 crore, compared with Rs 3,473 crore in the corresponding period last year, indicating stable performance on a year-to-date basis despite quarterly volatility.
The Q3 numbers highlight continued demand momentum for LTIMindtree’s services, even as near-term margins remain under pressure due to regulatory and cost-related factors.
