LTIMindtree Ltd

LTM Ltd has announced a strategic partnership with Glean, an enterprise AI platform. This collaboration aims to accelerate enterprise AI adoption by combining LTM's expertise and BlueVerse™ AI ecosystem with Glean's context and intelligence layer. The partnership will focus on addressing fragmented knowledge across enterprise applications and data sources, enabling organizations to achieve accurate, governed, and outcome-driven AI results. Key benefits include improved productivity, faster decision-making, and scaled AI adoption, particularly for large enterprises in regulated sectors like banking and financial services. The joint offering will provide a governed path from enterprise search to autonomous agents, enhancing capabilities like incident resolution and employee productivity.

LTM Ltd has received an ESG rating of 77.3 from SES ESG Research Private Limited, a SEBI registered ESG Rating Provider. This rating was assigned independently and is for the information and record of stakeholders. The disclosure is made pursuant to Regulation 30 of the SEBI LODR and SEBI's Master Circular dated January 30, 2026.

LTM Ltd has submitted applications to BSE Limited and National Stock Exchange of India Limited for the re-classification of Nabha Power Limited from the 'Promoter Group' category to the 'Public' category. This follows a Board of Directors' approval for the request received from Nabha Power Limited. The submission is in accordance with Regulation 31A of the SEBI Listing Regulations and other applicable regulations.

LTM, a Larsen & Toubro Group company, is spearheading one of India's largest enterprise AI workplace transformations by deploying Microsoft 365 Copilot for approximately 140,000 employees across the L&T Group. This initiative aims to enhance productivity, accelerate issue resolution, and improve customer outcomes through AI-assisted workflows. LTM's AI assistant, RAIma, has already shown a 70% improvement in IT/HR query resolution and a 15% increase in employee engagement and HR productivity. The deployment includes AI tools like Agent A.S.K. for sales and RAIma for HR support, underscoring L&T Group's commitment to embedding AI into daily operations and advancing its AI transformation journey. The collaboration with Microsoft also focuses on establishing responsible AI practices and governance frameworks.

LTM Ltd has announced a strategic partnership with Anthropic, the AI company behind Claude. This collaboration aims to accelerate the enterprise-scale adoption of Claude, Claude Code, and Claude Cowork across various business workflows, including engineering and modernization. LTM will integrate Claude's AI capabilities into its BlueVerseTM AI Delivery Fabric, enhancing services like software engineering, application modernization, and agent orchestration. The partnership also includes a talent enablement program (AI1000) to train Claude-certified professionals and the establishment of a Claude Center of Excellence (CoE) for developing reusable assets and ensuring responsible AI use. The initiative targets BFSI, Hi-Tech, Consumer, and Production industries, focusing on measurable business outcomes and enhanced productivity.

LTM Ltd announced that its Board of Directors has approved the re-classification of Nabha Power Limited (NPL) from the 'Promoter Group' category to the 'Public' category. This decision is subject to requisite approvals and complies with SEBI Listing Regulations, specifically Regulation 31A(8)(b). The board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Reports from M/s. Deloitte Haskins & Sells, Chartered Accountants LLP. The meeting took place on July 11, 2026.

LTM Ltd has initiated a Shareholder Satisfaction Survey, distributed via email to all shareholders on July 11, 2026. The survey aims to gather feedback on shareholder experience, services, dividend timeliness, communication, annual report content, website accessibility, and the services of their Registrar and Transfer Agent, MUFG Intime India Private Limited. Shareholders are encouraged to provide their valuable feedback and suggestions to help the company enhance its services. The survey will remain open until August 14, 2026, and can be accessed via a link or QR code in the email.

LTM Limited (formerly LTIMindtree) opened FY27 with a strong, operationally clean Q1. Consolidated revenue rose to ₹11,608 Cr, +18.0% YoY and +2.8% QoQ (USD revenue $1,223.5 Mn, +6.1% YoY / +6.4% constant-currency), and consolidated PAT rose 17.1% YoY to ₹1,468.6 Cr (EPS ₹49.46). PAT margin held at ~12.7%, up from 12.26% a year ago and 12.10% in Q4 FY26. Crucially, operating profit outpaced the topline: EBIT grew 27.9% YoY to ₹1,799 Cr and EBIT margin expanded to 15.5%, +120 bps YoY and +40 bps QoQ — the margin-expansion story management had guided to is showing up in the numbers. The quality of the PAT print is good despite noisy below-EBIT lines. Consolidated other income of ₹255.4 Cr includes a one-off ₹197.8 Cr fair-value gain on convertible instruments in Voicing.AI (since converted to equity); this was more than offset by a ₹266 Cr forex loss versus a ₹129 Cr forex gain in the year-ago quarter, so the +17.1% reported PAT growth is not flattered by one-offs — it is if anything suppressed relative to EBIT +27.9%. No exceptional item was booked this quarter; both YoY comparison periods are clean (the labour-code exceptional was a prior-year/Q4 item), so raw and adjusted YoY growth are effectively the same. Note the standalone/consolidated divergence: standalone PAT fell ~4.3% YoY to ₹1,241.1 Cr, purely because standalone other income collapsed to ₹50.9 Cr from ₹478.7 Cr a year ago — the consolidated figure, which captures the delivery subsidiaries, is the correct operational read; readers seeing the -4% standalone number should not treat it as the true story. Growth was broad but uneven under the hood. On the newly reorganised segments, Consumer led (+18.2% YoY CC) and Technology & Services was solid (+10.0% CC), while Financial Services — the largest segment — was still down 2.5% YoY CC but turned up +3.2% QoQ CC, consistent with management's prior-call flag that a top BFSI client had 'bottomed out.' Order inflow was $1.68 Bn (+3.1% YoY, -0.3% QoQ), EBIT in USD grew 15.1% YoY, utilisation improved 70 bps QoQ to 86.4% and TTM attrition was steady at 13.3%. Against management's qualitative FY27 guidance of 'industry-leading, profitable growth,' this quarter confirms rather than contradicts the last concall's confident tone — double-digit INR/CC revenue growth with margin expansion. The Board also approved pursuing the Randstad Europe/APAC acquisition (up to EUR 160 Mn EV, pending definitive agreements) and the final FY26 dividend of ₹53/share was paid in the quarter.

LTM Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results and took note of the Limited Review Reports from M/s. Deloitte Haskins & Sells, Chartered Accountants LLP. Additionally, the Board approved the re-classification of Nabha Power Limited from 'Promoter Group' to 'Public' category, subject to requisite approvals. The company also provided an earnings release, fact sheet, and investor presentation.

LTM Ltd has been recognized as a Global Leader in the ISG Provider Lens®—Snowflake Ecosystem Partners 2026 report. The company achieved this distinction across two strategic service categories: Modernization and AI/ML Enablement Services, and Managed Data and Optimization Services. This recognition highlights LTM's capabilities in helping enterprises modernize data estates, operationalize AI at scale, and optimize Snowflake environments. The report specifically commends LTM's AI-driven data foundations, engineering-led modernization, industry-centric innovation, automation, observability, FinOps excellence, and strong Snowflake ecosystem leadership. LTM, a Larsen & Toubro Group Company, is an AI-centric global technology services firm.