LTM Ltd share price target: (LTIMindtree) share price fell 3.4 per cent to hit an intraday low of Rs 4,376 apiece as of 09:21 AM after brokerage views remained largely unchanged on the company’s outlook following its Q4FY26 result.
LTIMindtree’s Q4FY26 performance reflected a mixed operating environment, with steady revenue growth and healthy deal wins offset by margin pressure and weakness in key BFSI accounts. While constant‑currency revenue rose modestly and year‑on‑year growth remained strong, margins slipped sequentially due to wage hikes and productivity pass‑throughs. Brokerages remained largely constructive on the stock, pointing to a solid order book, improving deal momentum and expectations of a gradual recovery in BFSI, even as near‑term headwinds weigh on earnings visibility.
HDFC Securities on LTIMindtree
LTIMindtree, India’s sixth‑largest IT services firm, reported a 18.8 per cent year‑on‑year rise in net profit to Rs 1,341 crore for the January–March quarter. However, profit slipped 4.3 per cent sequentially, impacted by one‑time exceptional costs during the period.
Revenue for the March quarter stood at Rs 11,292 crore, marking a 4.7 per cent quarter‑on‑quarter increase and a 15.6 per cent rise year‑on‑year, supported by steady deal momentum despite a challenging macroeconomic backdrop. The company, which crossed the Rs 10,000‑crore quarterly revenue milestone in the September 2025 quarter, has reiterated its ambition to double revenues over the next five years.
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