BRSR attached
Awaiting price reaction for this filing.
LTIMindtree has submitted its Integrated Annual Report for FY25 along with the Notice for its 29th AGM, in line with SEBI listing rules. The report is being sent electronically to shareholders and posted on the company's website. For FY25, the company posted revenue of INR 380,081 Million, up 7% year-on-year, with USD revenue at USD 4.5 Billion (up 4.8%). Profit After Tax stood at INR 46,020 Million, a modest 0.4% rise, while EBITDA margin slipped to 17.1% from 18.0% due to client cost pressures. Order inflow hit a record USD 5.99 Billion, up 6.1%. The Board has appointed Venu Lambu as CEO (Designate), marking a leadership transition from current CEO Debashis Chatterjee. The company is pursuing an AI-first strategy built on three pillars — AI in Everything, Everything for AI, and AI for Everyone — and announced strategic initiatives including a joint venture NextEra with Aramco Digital in Saudi Arabia and an investment in Voicing.AI.
Routine procedural filing, but the annual report reveals margin compression and muted profit growth (0.4%) despite strong order inflows, which may weigh on near-term sentiment. The CEO transition and AI-focused strategy could be viewed positively by investors looking for a fresh growth push toward the USD 10 Billion revenue target.