Intimation attached
Awaiting price reaction for this filing.
LTIMindtree reported FY25 revenue of US$4.5 billion, up 4.8% in dollar terms and 5% in constant currency. EBIT margin declined 120 basis points YoY to 14.5%, with FY25 PAT at INR 4,602 crores (+0.4% YoY). Q4 revenue was US$1.13 billion, up 5.8% YoY but down 0.7% sequentially due to delayed ramp-ups and deals slipping into Q1. Total FY25 order inflow was strong at US$6 billion, up 6.1% YoY. New CEO Designate Venu Lambu outlined three FY26 priorities: sales transformation, revamping the large deal organization for the AI economy, and a 'Fit4Future' cost optimization program aimed at improving margins from Q1 onwards. The Board recommended a final dividend of INR 45 per share, taking FY25 total to INR 65 per share.
Margins are under pressure but management is guiding improvement starting Q1 FY26 via the Fit4Future program, while Q1 growth is expected to recover on the back of deferred deal ramp-ups and a healthy order pipeline. The transcript signals confidence in a turnaround but stops short of specific margin or growth targets, which may limit near-term upside conviction.