LTIMindtree Q2 PAT, income, margin beat estimates; attrition eases vs Q1

Mumbai-headquartered LTIMindtree on Thursday reported a web revenue of Rs 1,401 crore for the July-September interval, marking an 11.7 per cent quarter-on-quarter rise that exceeded analysts’ exectations.

Its income grew 5.6 per cent sequentially to Rs 10,394 crore for the fiscal second quarter, in line with a regulatory submitting.

LTIMindtree Q2 FY26 Earnings | How prime and backside strains fared vs estimates

Each prime and backside strains had been higher than analysts’ expectations.

In line with Zee Enterprise analysis, LTIMindtree’s second-quarter web revenue was estimated at Rs 1,285 crore and income at Rs 10,251 crore.

Income in fixed foreign money phrases — or income with out the affect of foreign exchange modifications — elevated 2.4 per cent sequentially, in line with the corporate.

The IT agency’s quarterly earnings earlier than curiosity and taxes (EBIT) got here in at Rs 1,648 crore, as in opposition to Rs 1,406 crore within the earlier quarter.

Its margin improved to fifteen.9 per cent from 14.3 per cent within the June quarter.

In line with Zee Enterprise analysis, LTIMindtree’s EBIT and margin had been pegged at Rs 1,525 crore and 14.87 per cent, respectively.

The Mumbai-based agency reported a sequential decline of 20 bps in its attrition price to 14.2 per cent.

The corporate introduced a dividend of Rs 22 per fairness share — a 2,200 per cent payout given the face worth of Re 1 per fairness share.

It mounted October 24 because the report date for the dividend. A report date determines the qualifying shareholders for company actions like a dividend.

Earlier on Thursday, the LTIMindtree inventory ended 0.1 per cent increased at Rs 5,620.2 apiece on BSE.

On the present degree, the inventory has declined 11.7 per cent in a yr, underperforming a 2.5 per cent acquire within the Nifty50.