Synopsis:- Shares jumped over 5% after winning a Rs 3,000-crore, seven-year government digital project. The mandate strengthens AI-led transformation credentials, while the client base rose to 749, high-value clients increased, and large multi-year deals across sectors improved long-term growth visibility.
The shares of the technology consulting and digital solutions provider gained up to 5 percent in today’s trading session after the company bagged the Insight 2.0 project from the Central Board of Direct Taxes (CBDT), valued at around Rs 3000 crore.
With a market capitalization of Rs 1,87,855.59 crore, the shares of LTIMindtree Ltd were trading at Rs 6,346.55 per share, increasing around 5.25 percent as compared to the previous closing price of Rs 6,029.85 apiece.
Significant Order
The shares of LTIMindtree Ltd have seen positive movement after securing a major Insight 2.0 project from the Central Board of Direct Taxes to modernise India’s tax analytics platform. The Rs 3,000-crore, seven-year mandate strengthens its position in AI-driven digital transformation, enabling real-time data insights to support policy decision-making and national tax administration reforms.
Financial & Other Highlights
The company delivered a solid Q2FY26 performance, with revenue rising 10% to Rs 10,394 crore from Rs 9,433 crore a year ago. Profitability also improved, as net profit grew 10% to Rs 1,381 crore, reflecting stable margins and steady execution despite a challenging demand environment.
Revenue mix remained stable in Q2FY26, with North America contributing 74.2%, slightly lower year-on-year. Europe held steady at 14.7%, while the Rest of the World inched up to 11.1%. Growth was strongest in emerging markets, where USD revenues rose 3.7% QoQ and 9.3% YoY, indicating gradual diversification beyond core geographies.
Client metrics showed steady improvement in Q2FY26, with active clients rising to 749 from 741 QoQ and 742 YoY. New client additions increased to 23. High-value relationships strengthened, with $10 million+ clients rising to 93 and $20 million+ clients to 45, supporting revenue stability and long-term growth visibility.
LTIMindtree reported strong deal momentum, securing large, multi-year wins across media, financial services, chemicals, hospitality, and government. These engagements span AI-centric delivery, enterprise-wide transformation, and public digital infrastructure, strengthening revenue visibility and reinforcing its positioning as a strategic partner for complex, large-scale digital and analytics-led programs globally.
LTIMindtree has built a strong partner ecosystem with global technology leaders such as Adobe, Amazon Web Services, Microsoft, Google Cloud, SAP, Oracle, IBM, NVIDIA, Salesforce, ServiceNow, and Snowflake. These alliances strengthen AI, cloud, data, and enterprise capabilities, enabling large-scale digital transformation and faster innovation delivery for global clients.
LTIMindtree is a global technology consulting and digital solutions company helping enterprises drive digital transformation. Formed through the merger of L&T Infotech and Mindtree, it delivers services across cloud, data, AI, enterprise applications, and engineering, serving clients across industries worldwide.
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