LTIMindtree Q1 net profit rises 10.6% to Rs 1,254 crore

The company’s operating margin (EBIT) in the June quarter stood at 14.3%, expanding by 50 bps Q-o-Q. It has 741 active clients as of June 30, 2025 and its $10 million+ clients (total 90) increased by 3 on a y-o-y basis.

Its order book in Q1 was at $1.6 billion, up 17% y-o-y. Among its deal wins, the company said a global agribusiness leader selected LTIMindtree to implement an AI-driven model for application management, infrastructure support, and cybersecurity services. This suite of IT services includes SAP S/4HANA, ServiceNow, Microsoft Azure, and AI frameworks and focuses on efficiency and growth, driven by vendor consolidation, it said.

While its banking, financial services and insurance segments grew 10.6% y-o-y, technology, media and communications fell 4.7%. Its North America revenue grew 4.2% y-o-y and Europe at 7% y-o-y.

The company’s headcount stood at 83,889 professionals as of June 30, 2025 and its trailing 12-month attrition was at 14.4%.