LTIMindtree's Q3 FY 2025-26 Quarterly Results
- 1d ago
Result Summary
- LTIMindtree Ltd reported a 2.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.5%.
- Its expenses for the quarter were up by 3.4% QoQ and 8.5% YoY.
- The net profit decreased 30.5% QoQ and decreased 11.7% YoY.
- The earnings per share (EPS) of LTIMindtree Ltd stood at 32.71 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 11008.20 | 10694.70 | 9873.40 | 2.9% | 11.5% |
Total Expenses | 9113.20 | 8815.50 | 8400.90 | 3.4% | 8.5% |
Profit Before Tax | 1304.70 | 1879.20 | 1472.50 | -30.6% | -11.4% |
Tax | 345.10 | 498.00 | 385.80 | -30.7% | -10.5% |
Profit After Tax | 959.60 | 1381.20 | 1086.70 | -30.5% | -11.7% |
Earnings Per Share | 32.71 | 47.23 | 36.59 | -30.7% | -10.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
LTIMindtree Ltd is a prominent player in the information technology services industry. As a merged entity of Larsen & Toubro Infotech and Mindtree, the company specializes in providing digital transformation services and technology consulting across various industries. Its offerings include enterprise application services, cloud infrastructure services, and digital solutions aimed at enhancing client operational efficiency. The company is known for its innovation-driven approach, leveraging advanced technologies such as artificial intelligence, machine learning, and data analytics to cater to a global clientele. Although the specific recent developments are not available in the provided data, LTIMindtree is generally recognized for its strategic partnerships and expansion efforts to enhance its service offerings and global reach.
Revenue
In the third quarter of fiscal year 2026, LTIMindtree Ltd achieved a total income of ₹11,008.20 crores, marking a 2.9% increase from the previous quarter (Q2FY26) when the total income stood at ₹10,694.70 crores. Comparing year-over-year figures, this represents an 11.5% growth from the third quarter of fiscal year 2025, where the total income was ₹9,873.40 crores. This upward trend in revenue reflects the company's ability to sustain growth both on a quarterly and annual basis. The consistent increase in total income suggests a strong market presence and potential expansion in business operations and client engagements.
Profitability
The financial results for Q3FY26 show that LTIMindtree Ltd's profit before tax was ₹1,304.70 crores, which is a decrease of 30.6% from the previous quarter's ₹1,879.20 crores. Year-over-year, this figure also reflects a decline of 11.4% compared to the same quarter in the previous fiscal year, which recorded a profit before tax of ₹1,472.50 crores. The tax expense for Q3FY26 was ₹345.10 crores, down 30.7% from the previous quarter and 10.5% from the same quarter last year. Consequently, the profit after tax for Q3FY26 was ₹959.60 crores, showing a decrease of 30.5% from Q2FY26 and 11.7% from Q3FY25. The earnings per share (EPS) also decreased, with Q3FY26 EPS at ₹32.71, down 30.7% from the prior quarter and 10.6% from the year-ago period, indicating changes in profitability metrics over both periods.
Operating Metrics
The total expenses for LTIMindtree Ltd in Q3FY26 amounted to ₹9,113.20 crores, reflecting a 3.4% increase from the previous quarter's expenses of ₹8,815.50 crores. When compared to the same quarter in the previous fiscal year, total expenses increased by 8.5% from ₹8,400.90 crores. These figures indicate that while the company has experienced growth in revenue, there has also been a rise in operational costs. The financial data demonstrates a balance between revenue growth and expense management, which is critical for maintaining operational efficiency. However, despite the increase in total income, the higher rate of expense growth relative to income has impacted overall profitability.