Archive · 18 Jul 2025
LTIMindtree Q1 Profit Up; Eyes Double-Digit Revenue Growth
LTIMindtree, a tech company, made more money this past quarter than last year.
They earned ₹1,254.1 crore.
Their sales also went up.
They hope to grow even faster later in the year.
Some financial experts think the company is doing well, while others have concerns.
The company's stock price went up a little at first, but then went down by the end of the day.
LTIMindtree reported a 10.6% increase in consolidated net profit to ₹1,254.1 crore in June 2025 quarter.
Revenue from operations for the quarter increased 7.6% to ₹9,840.6 crore compared to the same period last year.
The company expects near double-digit year-on-year revenue growth in the second half of FY26.
Brokerages have mixed outlooks, with some maintaining 'buy' ratings and others retaining 'reduce' ratings.
Shares initially gained but closed in the red, down 1.27% at ₹5,125.
- Who
- LTIMindtree.
- What
- LTIMindtree reported Q1 earnings and future growth expectations.
- When
- Q1 of FY26 and the second half of FY26.
- Where
- Mumbai-based company
- Why
- The company is aiming for growth and expansion.
Bullish Brokerages
Bearish Brokerages
Brokerage Ratings
Bullish Brokerages
Nuvama, Centrum, and Motilal Oswal maintained 'buy' ratings, citing positive developments and strong growth prospects.
Bearish Brokerages
Morgan Stanley has maintained equal-weight
Target Prices
Bullish Brokerages
Nuvama and Centrum have raised target prices
Bearish Brokerages
ICICI Securities and Choice Institutional Equities retained 'reduce' ratings, citing concerns regarding deal conversion and macro dynamics.
- Net Profit (Q1 FY26)
- ₹1,254.1 crore
- Revenue (Q1 FY26)
- ₹9,840.6 crore
- Revenue Growth (Q1 FY26)
- 7.6%
- Stock Price (Closing)
- ₹5,125, down 1.27%
- EBIT margin increase
- 50 basis points
