LTM Q2 Net Profit Flat as Revenue Rises 13.6% Year on Year
Indian IT services firm LTM posted almost flat net profit in Q2 FY27 while revenue climbed 13.6% year on year, according to TradingView.
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what happened
Indian IT services company LTM, formerly LTIMindtree, reported results for the September quarter. Net profit stayed nearly unchanged, slipping 0.1% from a year earlier, while revenue grew 13.6%. Cost pressures and lower non-operating income weighed on the bottom line.
Compared with the June quarter, net profit fell 4.8% to 1,398 crore rupees, and revenue rose 1.7% to 11,807.6 crore rupees. Financial services, consumer and production clients in North America and Europe supported growth. The Rest of the World region and the technology and services vertical both posted sequential declines. The figures are reported by TradingView.
why it matters
For markets, the report is a read on the health of India's IT services sector: clients in North America and Europe keep revenue growing, but costs are holding back profitability. Investors often treat such results as a gauge of demand for outsourcing and IT services.
market impact
Indian IT services: revenue growing but profit squeezed by costs, a factor for sector stocks
tags
instruments
sources
- LTM Q2 Net Profit Flat at 1,398 cr, Revenue Increases 13.6% YoY — ru.tradingview.com, 17 October 2026 at 04:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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