LTM reported Q2 FY27 revenue of ₹11,807.6 crore, up 13.6% year on year, while consolidated profit remained nearly flat at ₹1,398 crore. Revenue from Enterprise AI and Business AI grew 47%, but order inflow fell to $1.26 billion from $1.59 billion a year earlier. The board declared a ₹25 interim dividend with an October 23 record date. Friday’s 3.6% share gain preceded the full results release.
LTM, formerly LTIMindtree, delivered double-digit rupee revenue growth in the September quarter while profit was little changed. Its AI businesses expanded rapidly, but a lower order inflow adds an important counterweight to the headline growth and will be closely watched for its effect on future revenue conversion.
What Happened
LTM’s consolidated revenue from operations rose 13.6% year on year to ₹11,807.6 crore in Q2 FY27. Net profit was ₹1,398 crore, compared with ₹1,401 crore a year earlier, and fell 4.6% sequentially. EBIT increased 11.5% year on year to ₹1,838 crore.
In constant-currency terms, revenue grew 5.1% year on year and 1.1% sequentially. Enterprise AI and Business AI revenue together rose 47%, while order inflow declined to $1.26 billion from $1.59 billion a year earlier and $1.68 billion in the previous quarter.
The board declared an interim dividend of ₹25 per ₹1 equity share. October 23, 2026 is the record date, and payment is due within the statutory 30-day window.
Why It Matters
LTM’s revenue growth shows that demand is holding up in key digital and AI-led services, even as profitability remained broadly flat. The 47% AI-revenue increase provides evidence of commercial activity rather than only announcements, but it does not remove the execution risk implied by weaker bookings.
Order inflow is a forward-looking indicator, although it can be volatile between quarters. A sustained decline could make it harder to maintain the current growth rate, particularly because North America still contributed 74.3% of quarterly revenue.
Market Impact
LTM shares closed October 16 at ₹3,390, up about 3.6%. However, the full results announcement was issued after the market close, so that gain should not be presented as a demonstrated reaction to the complete earnings release. The next trading session will offer the first post-results price signal.
Industry Context
India’s large IT services companies are reporting improving AI demand but uneven deal conversion. LTM’s results fit that pattern: faster AI revenue and stable operating earnings alongside softer order inflow. For comparison, BusinessNews1’s coverage of Tech Mahindra’s Q2 results highlighted profit growth and new-deal performance in the same reporting cycle.
What To Watch Next
- Conversion of the $1.26 billion order inflow into recognised revenue.
- Whether AI-led growth can lift overall constant-currency growth.
- Margins as hiring and technology investments continue.
- Dividend eligibility on the October 23 record date.
Frequently Asked Questions
What was LTM’s Q2 FY27 profit?
LTM reported consolidated net profit of about ₹1,398 crore for the September quarter, marginally below ₹1,401 crore a year earlier. Profit also declined 4.6% from the June quarter. Revenue grew faster than profit, reflecting a mix of operating costs, investments and the quarter’s business composition.
How fast did LTM’s revenue grow?
Revenue from operations rose 13.6% year on year to ₹11,807.6 crore. In constant-currency terms, growth was 5.1% year on year and 1.1% sequentially. Enterprise AI and Business AI revenue grew 47%, making AI one of the clearest growth indicators in the quarterly release.
What dividend did LTM announce?
The board declared an interim dividend of ₹25 for each equity share with a face value of ₹1. October 23, 2026 is the record date used to determine eligible shareholders. Under the stated timetable, the company must pay the dividend within 30 days of its declaration.
Why is LTM’s order inflow important?
Order inflow indicates the value of new work signed during the quarter and can influence future revenue, although timing varies. LTM reported $1.26 billion, below $1.59 billion a year earlier and $1.68 billion in Q1. Investors will watch whether bookings recover and convert into sustained growth.
