LTIMindtree reported a mixed performance for the quarter ended March 2026 (Q4 FY26), with revenue registering sequential growth while profitability and margins declined on a quarter-on-quarter basis.
The company posted revenue of ₹11,291.7 crore during the quarter, up 4.7% QoQ. In dollar terms, revenue stood at $1.22 billion, reflecting a 1.2% sequential increase.
Operating performance, however, saw some pressure. EBIT declined 1.6% to Rs 1,709 crore, while EBIT margin came in at 15.1%, down 97 basis points compared to the previous quarter.
Net profit stood at ₹1,387 crore, marking a 44% increase vs 959 crore QoQ.
Order inflow remained stable at $1.69 billion, marginally down 0.2% QoQ, indicating sustained deal momentum despite the sequential moderation in earnings.
From an operational standpoint, LTIMindtree added 13 new clients during the quarter, taking its total active client base to 751. The number of $5 million-plus clients rose to 164, while $10 million-plus clients increased to 101. Clients contributing over $20 million annually stood at 48.
The company's workforce stood at 87,950 employees, with trailing twelve-month attrition at 13.3%. Utilisation (excluding trainees) was reported at 85.7%.
Commenting on the performance, CEO and MD Venu Lambu said the company accelerated its strategic shift towards becoming an AI-centric organisation during FY26, leveraging its BlueVerse platform and talent transformation initiatives. He noted that LTIMindtree unlocked new efficiencies through its Fit4Future programme, won some of the largest deals in its history, and strengthened its AI capabilities.
Lambu added that with strong order intake, a healthy pipeline, and a clear strategic direction as a business creativity partner, the company remains well positioned for sustainable growth going forward.
Disclaimer: The above information is based on company disclosures and is for informational purposes only. It does not constitute investment advice.