LTM reported a 17.1% year-on-year increase in net profit to ₹1,468.6 crore for the June quarter.
Overall revenue for the IT services firm grew 18% year-on-year to reach ₹11,608 crore.
Managing Director Venu Lambu attributed the growth to the successful execution of an AI-centric strategy.
LTM Profit Jumps 17% to ₹1,468 Cr in Apr-Jun Quarter
The company, promoted by EPC major Larsen & Toubro, had reported a net profit of ₹1,254.6 crore in the year-ago period, and ₹1,387.3 crore in the March quarter
IT Services company LTM Larsen & Toubro
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IT Services company LTM on Saturday reported a 17.1% jump in its June quarter net profit to ₹1,468.6 crore compared to the year-ago period.
The company, promoted by EPC major Larsen & Toubro, had reported a net profit of ₹1,254.6 crore in the year-ago period, and ₹1,387.3 crore in the March quarter.
Its overall revenue grew 18% on-year in rupee terms to ₹11,608 crore during the reporting quarter, and was up 2.8% when compared with the March quarter.
The operating profit margin climbed to 15.5%, up from 14.3% in Q1FY26 and 15.1% in Q4FY26.
Its managing director and chief executive Venu Lambu said the results reflect the progress in executing artificial intelligence-centric strategy among other aspects and termed the order book as "strong" with a healthy pipeline across sectors.
"Our AI pivot is now producing tangible proof points for clients, visible in the outcomes we are creating and in the size and nature of the engagements we are winning," he added.
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It reported order inflow at USD 1.68 billion, which was marginally down on the quarter but higher than the April-June 2026 period.
The company added 16 clients during the reporting quarter, to take the number of active clients to 740.
In line with numbers reported by larger rival TCS earlier this week, it reported some softness in the consumer sector clients and also reported some challenges on the production clients. From a geographic perspective, revenues from Europe and Rest of World fell by 2.4% and 10%, respectively, on-quarter.
The total workforce declined by a marginal 64 people to 87,886 employees, largely due to a reduction in the sales and support staff. It reported a decline in attrition at 13.3%.