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LTM Q2 PAT drops 5% QoQ to Rs 1,398 cr

17-Oct-2026 | 11:10
LTM reported a 4.66% decline in consolidated net profit to Rs 1,397.9 crore in Q2 FY27 compared with Rs 1,466.3 crore in Q1 FY27.
On a year-on-year (YoY) basis, net profit fell 1.51% from Rs 1,401.1 crore in Q2 FY26.

Revenue from operations increased 1.72% QoQ to Rs 11,807.6 crore in Q2 FY27. On a YoY basis, revenue rose 13.60% from the year-ago period.

Profit before tax increased 13.60% YoY and 1.72% QoQ to Rs 1,859.7 crore in Q2 FY26.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 1.6% QoQ and 8.5% YoY to Rs 2,093.3 crore in Q2 FY27. EBITDA margin remained unchanged sequentially at 28%, compared with the previous quarter, while it was lower than the 30.3% reported in Q2 FY26.

In dollar terms, the firm's revenue stood at $1,235.2 million in Q2 FY27, up 1% QoQ and 4.7% YoY. In constant currency terms, revenue increased 1.1% QoQ and 5.1% YoY.

Order inflow declined 25% QoQ and 20.75% YoY to $1.26 billion in Q2 FY27.

LTM's total employee count stood at 88,835 at the end of Q2 FY27, compared with 87,886 in Q1 FY27 and 86,447 in Q2 FY26. The company reported an active client base of 729 and added 20 new clients during the quarter.

Venu Lambu, CEO and MD, said, ?Our broad - based performance reflects the successful execution of our AI - centric strategy. The revenue across Enterprise AI and Business AI together grew 47% YoY. This is a testament to our tech - domain convergence approach to AI adoption, which also led to the addition of a Financial Services client to our $ 100 million - plus category. We are well positioned for stronger growth ahead.?

Meanwhile, the company?s board declared a interim dividend of Rs 25 per equity share of Re 1 each. The record has been fixed as Friday, 23 October 2026.

LTM, a Larsen & Toubro Group company formerly known as LTIMindtree, is an AI-centric global technology services company providing digital transformation, engineering and business AI solutions.

The counter jumped 3.18% to settled at Rs 4,385 on the BSE.

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