Business · Companies · 13 hrs ago
LTM reports higher revenue and declares ₹25 interim dividend
Indian IT services company LTM reported its second-quarter results for financial year 2026-27 on Friday.
Revenue rose 13.6% from a year earlier to ₹11,807.6 crore.
The reported profit figures differ: one account gives ₹1,397.9 crore, while another gives ₹1,379.9 crore, both slightly below the respective year-earlier figures they cite.
LTM declared an interim dividend of ₹25 per share, for shares with a face value of ₹1.
Shareholders must be on the register on October 23 to qualify for the payment.
The company said the dividend will be paid within 30 days of its declaration.
Revenue from its Enterprise AI and Business AI businesses grew 47% year on year, and CEO Venu Lambu said the company was positioned for stronger growth.