After LTIMindtree's good Q1 FY26 show, should you buy largecap IT stock or wait?

LTIMindtree Stock Price News, Q1 FY26 Earnings: LTIMindtree shares are set to take centre stage on Dalal Street this morning after the IT major reported a good set of financial results for the first quarter of FY26. After the market hours on Thursday, the company posted an 11 per cent jump in its net profit to Rs 1,254 crore sequentially for the quarter ended June 30, with 0.7 per cent growth in revenue to Rs 9,841 crore. 

Both the top and bottom lines largely met analysts' estimates.

According to Zee Business research, the IT company was estimated to register a net profit of Rs 1,218 crore with revenue of Rs 9,846 crore for the June quarter. 

Its quarterly earnings before interest and taxes (EBIT) came in at Rs 1,407 crore, marking a 4.6 per cent quarter-on-quarter rise that was in line with estimates. 

The company's EBIT margin--a key measure of profitability--also met the mark in terms of Street expectations, at 14.3 per cent. That was 50 bps higher compared with the previous quarter.