LTIMindtree beats Street estimates in Q2 with higher profit; declares ₹22 dividend

LTIMindtree reported stronger-than-expected earnings for the September quarter, driven by improved operational performance and steady growth across key markets.

The company’s consolidated net profit rose 10.1% quarter-on-quarter to ₹1,381.2 crore, up from ₹1,254.6 crore in the previous quarter, and comfortably ahead of the CNBC-TV18 poll estimate of ₹1,227 crore.

Revenue came in at ₹10,394.3 crore, a 5.6% increase over ₹9,840.6 crore in the June quarter, also slightly above expectations of ₹10,308 crore.

In dollar terms, revenue stood at $1,180.1 million, compared to $1,153.3 million in the preceding quarter, marking 2.4% sequential growth on a constant currency basis against the Street’s estimate of 2.2%.

Operating profit (EBIT) rose sharply by 17% to ₹1,648 crore from ₹1,406.5 crore in the previous quarter, surpassing the projected ₹1,543 crore.

Operating margin expanded to 15.9% from 14.3% in the June quarter, an improvement of 160 basis points, supported by better cost control and higher utilisation.

The board also declared an interim dividend of ₹22 per equity share of Re 1 each. The record date for determining shareholder entitlement has been fixed as October 24, 2025, with payment to be made within 30 days of declaration.

Ahead of the results, shares of LTIMindtree closed at ₹5,615 on the NSE, up 0.1%.