LTIMindtree shares gain over 4% after winning ₹3,000 crore order from Central Board of Direct Taxes

Shares of LTIMindtree Ltd. gained over 4% on Friday, January 15, after the company said it has secured the Insight 2.0 project worth ₹3,000 crore from the Central Board of Direct Taxes.

The project is build an AI-powered program for the modernisation of India's national tax analytics platform, it said in an exchange filing.

LTIMindtree said the seven-year mandate reinforces its leadership

in enabling digital transformation leveraging advanced digital architecture and data analytics to deliver real-time insights for policymakers.

LTIMindtree reported stronger-than-expected earnings in the second quarter in October 2025. Its consolidated net profit increased 10.1% to ₹1,381.2 crore from ₹1,254.6 crore in the previous quarter and it was more than Street estimates of ₹1,227 crore.

Its revenue of ₹10,394.3 crore was 5.6% more than the previous quarter and was also slightly above the CNBC-TV18 poll of ₹10,308 crore.

The company's operating profit increased surged 17% to ₹1,648 crore from ₹1,406.5 crore in the previous quarter and also surpassed the estimates of ₹1,543 crore.

Its operating margin expanded to 15.9% from 14.3% in the previous quarter.

LTIMindtree will be reporting its December quarter results on Monday, January 19.

Shares of LTIMindtree were up 4.4% at ₹6,295 apiece after the order win on Friday. The stock has gained 4.8% this year.

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