LTIMindtree Q3 results profit rises on AI momentum and large enterprise deal wins

LTIMindtree reported higher revenue and profit for the third quarter ended December 31, 2025, supported by growth in AI-led services and large enterprise deals. Consolidated revenue rose to $1.21 billion, up 2.4% sequentially and 6.1% year on year. Net profit increased 22.6% from a year earlier to $157 million, while operating EBIT margin expanded to 16.1%, compared with 13.8% in the same quarter last year.

In rupee terms, revenue grew 11.6% year on year to ₹107.8 billion. Operating EBIT rose 30.7% to ₹17.37 billion, and net profit increased 29% to ₹14.01 billion. The company said the numbers exclude a one-time impact linked to India’s new labour codes.

The quarter marked the third straight period of more than 2% sequential revenue growth. The IT firm attributed this to increased adoption of AI-based delivery models, higher demand for application modernization, and spending on cloud infrastructure and data platforms by large clients. AI work focused on automation in application management, infrastructure operations, and customer-facing systems, which helped improve utilization and margins.

“Our strong Q3FY26 performance reflects the impact of our strategic AI pivot, continued success in large deals, and operational excellence, supported by our proactive efforts to build a more resilient and balanced portfolio. This marks our third consecutive quarter of 2%+ growth, highlighting our disciplined execution, deep tech-domain expertise, and differentiated AI-led offerings,“ said Venu Lambu, Chief Executive Officer and Managing Director.

Deal activity remained a key contributor. LTIMindtree signed a $155 million, five-year contract with a US insurance and financial services company covering application management, infrastructure operations, and end-user services, built around AI-driven processes. Other wins included multi-year engagements in manufacturing, banking, consumer goods, and large-scale digital platforms, spanning cloud migration, cybersecurity, data engineering, and AI deployment.

The company ended the quarter with 746 active clients. The number of clients contributing more than $5 million in annual revenue rose to 162, while $10 million-plus and $20 million-plus clients increased to 97 and 47, respectively, indicating deeper account expansion.