LTIMindtree Q1 Results: Profit rises 11% YoY; revenue grows 8% on broad-based momentum

LTIMindtree Ltd began FY26 on a strong note, reporting a consolidated net profit of Rs 1,254 crore for Q1, marking an 11 per cent year-on-year (YoY) growth. Revenue rose 8 per cent YoY to Rs 9,841 crore, underscoring stable demand and strategic execution in a volatile macroeconomic environment.

Total expenses for the quarter stood at Rs 8,507 crore, reflecting continued investments in people, platforms, and transformation initiatives.

LTIMindtree Q1 FY26 Key Financials:

Net profit: Rs 1,254 crore, up 11 per cent YoY

Revenue: Rs 9,841 crore, up 8 per cent YoY

Expenses: Rs 8,507 crore

LTIMindtree shares fell 2.97 per cent to Rs 5,169 on the NSE on Thursday, as broader market sentiment remained cautious. 

In a statement, the management expressed confidence in the company’s strategic direction:

“We had a promising start to the year delivering broad-based growth, expanding margins, and making significant progress on our strategic priorities. Our Fit4Future program, sales transformation efforts, and pivot to AI have enhanced agility and strengthened our ability to scale for the future. While the macroeconomic environment remains challenging, I’m confident that our disciplined execution and unwavering client focus will continue to drive our performance.”