LTM reported net profit of ₹1,397.9 crore for Q2 FY27, representing a sequential decline of 4% from ₹1,466.3 crore in the previous quarter, as reported by Live Mint. The company's revenue from operations rose 13.6% year-on-year to ₹11,807.6 crore during the quarter under review, up from ₹10,394.3 crore in Q2 FY26. The sequential revenue growth demonstrates steady business momentum, while the profit decline reflects operational challenges during the quarter. According to Zee Business research, LTM was estimated to log a net profit of ₹1,517 crore with revenue of ₹11,801 crore, making the actual results a mixed set of headline numbers with revenue meeting but profit falling short of analyst expectations.
LTM Limited reported revenue of ₹11,807.6 crore for Q2 FY27, representing a sequential growth of 1.7% from ₹11,608 crore in the previous quarter and year-on-year growth of approximately 13.6%. According to The Economic Times, the company's USD revenue stood around $1,235 million during the quarter. The sequential growth demonstrates steady business momentum, while the year-on-year performance shows strong recovery from previous periods. Revenue from Enterprise AI and Business AI combined grew 47% year-on-year, reflecting continued momentum in the company's AI-led business transformation. In constant currency terms, revenue increased 0.3% QoQ and 6.4% YoY, with AI revenue across Creative, Industrial, and Business AI running at about USD 150 million per quarter. CEO Venu Lambu noted that this performance reflects successful execution of their AI-centric strategy and tech-domain convergence approach, which led to the addition of a financial services client to their $100 million-plus revenue category.
LTM demonstrated strong operational performance with EBIT growing 2.2% sequentially to ₹1,838 crore during the September quarter, as reported by the regulatory filing. The company's EBIT margin improved by 10 basis points to 15.6%, indicating improved operational efficiency despite the sequential profit decline. According to Zee Business research, LTM's order inflow fell 25% on a quarter-on-quarter basis to $1,260 million, which will be a key metric for tracking the company's ability to sustain revenue growth in coming quarters. The company maintained attrition on a trailing-12-month basis at 13.3%, remaining steady sequentially, while utilisation, excluding trainees, stood at 86.4%. Management noted that the company's total employee count stood at 87,886 in Q1 FY27, down from 87,950 in Q1 FY26 and 87,950 in Q4 FY26.
LTM demonstrated strong client acquisition and revenue growth across multiple segments during the quarter. According to The Economic Times, the company added 20 new clients during Q2 FY27, bringing the total to 729 active clients. The number of clients generating more than $5 million in revenue increased by 14 year-on-year to 172, while the $10 million-plus client category expanded by 16 to 109. The $20 million-plus category rose by six to 51, and the $50 million-plus and $100 million-plus categories each added one client, taking respective totals to 15 and 3. However, NDTV Profit reports that order inflow declined 0.3% sequentially to $1.26 billion in the September quarter, which will be a key metric for tracking the company's ability to sustain revenue growth in coming quarters. The company maintains a stable USD 1.7 billion order book with two large deal wins, and management pointed to broader client growth including more large accounts.
The board of directors declared an interim dividend of ₹25 per share with a record date of October 23, 2026, as reported by Live Mint. The dividend will be paid within 30 days to shareholders whose names appear in the register of members or depository lists as of the record date. LTM shares rose by ₹135 or 3.2% to close at ₹4,385 apiece on BSE on Friday amid a rally across IT stocks, according to Zee Business. However, the stock has delivered mixed performance with 9% gains in one week and 8% in three months, but has declined 28.2% so far this year, underperforming the Nifty 50's 11.5% fall. At current levels, LTM shares have declined 28.2% so far this year, underperforming the Nifty 50's 11.5% fall. The company's market capitalisation stands at ₹1,30,216 crore at current market prices.
