For the quarter ended June 2026, consolidated revenue rose 2.8% sequentially to ₹11,608 crore from ₹11,291.7 crore. In dollar terms, revenue was broadly flat at $1.22 billion, inching up 0.1% quarter-on-quarter to $1,223.5 million.
On a constant currency basis, revenue grew 0.3% sequentially, in line with analyst estimates.
Net profit rose 5.9% quarter-on-quarter to ₹1,468.6 crore, compared with ₹1,387 crore in the March quarter. Operating performance was stronger than expected, with EBIT increasing to ₹1,799.3 crore from ₹1,709.4 crore, while the EBIT margin expanded 40 basis points to 15.5%, ahead of Street expectations of around 15.1%.
Growth during the quarter was led by the Financial Services and Technology & Services verticals, which expanded 3.2% and 3.4%, respectively, on a constant currency basis. The Production segment, however, declined 5.7%, while the Consumer business slipped 0.7%, reflecting uneven demand across industries.
Deal momentum remained resilient, with deal wins of $1.68 billion, broadly in line with the $1.69 billion reported in the previous quarter, indicating continued traction in large client engagements.
Commenting on the quarter, Venu Lambu, Chief Executive Officer and Managing Director, said the company’s AI-focused strategy is beginning to deliver tangible results for clients while supporting a healthy deal pipeline.
“Our Q1 FY27 performance reflects the progress we have made in executing our AI-centric strategy and our continued profitable growth journey. Our AI pivot is now producing tangible proof points for clients, visible in the outcomes we are creating and in the size and nature of the engagements we are winning. With a strong order book and healthy pipeline across our industry segments, we are confident that our growth momentum will continue to build through the year,” Lambu said.
The commentary signals management’s confidence that demand will strengthen over the coming quarters, supported by a robust order book and healthy deal pipeline despite continued macroeconomic uncertainty.
Ahead of the earnings announcement, shares of LTM Ltd ended 5.3% higher at ₹4,060 on the NSE on Friday.
