DBT Bureau
Pune, 11 July 2026
LTM, the technology services company, reported a strong financial performance for the first quarter of FY27, driven by its AI-focused strategy, strong deal wins and healthy client demand. The company reported revenue of ₹11,608 crore, up 18% year-on-year, while net profit increased 17.1% to ₹1,469 crore. EBIT rose 27.9% to ₹1,799 crore, with the EBIT margin improving to 15.5%, up 120 basis points from a year earlier.
In US dollar terms, revenue grew 6.1% year-on-year to $1.22 billion, while order inflow stood at $1.68 billion, reflecting continued demand for the company’s digital transformation and AI services.
CEO and Managing Director Venu Lambu said “Our Q 1FY 27 performance reflects the progress we have made in executing our AI – centric strategy and our continued profitable growth journey . 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 . With a strong order book and healthy pipeline across our industry segments, we are confident that our growth momentum will continue to build through the year .”
During the quarter, LTM added 16 new clients, taking its active client base to 740. The company also increased the number of large customers, with clients generating more than $10 million in annual revenue rising to 104, while those contributing over $20 million increased to 52.
LTM secured several major AI-led transformation deals across industries, including financial services, manufacturing, automotive, telecom, travel and consumer sectors. The company also strengthened partnerships with AWS, Microsoft and Salesforce to accelerate enterprise AI adoption.
| In USD Million | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 1,153.3 | 1,180.1 | 1,208.0 | 1,222.4 | 1,223.5 |
| QoQ Growth (%) | 2.0% | 2.3% | 2.4% | 1.2% | 0.1% |
| YoY Growth (%) | 5.2% | 4.8% | 6.1% | 8.1% | 6.1% |
| Constant Currency QoQ Growth (%) | 0.8% | 2.4% | 2.4% | 1.2% | 0.3% |
| Constant Currency YoY Growth (%) | 4.4% | 4.4% | 5.2% | 7.0% | 6.4% |
The company ended the quarter with 87,886 employees, while trailing 12-month attrition remained stable at 13.3%.
