LTIMindtree announced strong Q3 FY26 results, driven by its strategic AI pivot and strong deal momentum. Operating EBIT margin expanded by 230 bps YoY to 16.1%, with adjusted PAT up 29% YoY. Revenue reached $1,208 million (up 6.1% Y-o-Y), and the company added 1,511 employees, bringing the total workforce to 87,958 professionals.
Key Financial Highlights
LTIMindtree reported a robust performance for Q3 FY26, demonstrating the effectiveness of its strategic initiatives:
- Revenue: $1,208 million (up 2.4% Q-o-Q and 6.1% Y-o-Y)
- Constant currency growth of 5.2% Y-o-Y
- Operating Margin (EBIT): 16.1%, an expansion of 230 bps Y-o-Y
- Net Profit: $157.0 million (up 0.1% Q-o-Q and 22.6% Y-o-Y)
Segment Performance
The company witnessed growth across key industry segments:
- Banking, Financial Services & Insurance: Revenue of 35.1%
- Technology, Media & Communications: Revenue of 22.2%
- Manufacturing & Resources: Revenue of 20.8%
- Consumer Business: Revenue of 15.4%
- Healthcare, Life Sciences & Public Services: Revenue of 6.5%
Deal Wins and Partnerships
LTIMindtree secured several significant deals and partnerships, demonstrating its industry leadership:
- Strategic partnership with a leading U.S. insurance and financial services company ($155 million TCV)
- Agreement with a leading manufacturer to consolidate its technology landscape
- Partnered with a global technology company to deploy AI solutions
- Collaboration with Microsoft to accelerate Azure adoption and drive AI-powered business transformation
Client and Employee Metrics
Key client and employee metrics reflect continued growth and stability:
- Active Clients: 746
- $5 million+ Clients: 162 (increased by 10 Y-o-Y)
- Total Employees: 87,958 (added 1,511 in Q3)
The company’s commitment to ESG goals is also evident, with a focus on achieving net-zero emissions by 2040 and promoting diversity and inclusion across its operations.
Source: BSE
