LTM Q2 Results: PAT Holds Steady at Rs 1,380 Crore While Revenue Soars 14% YoY; Company Declares Rs 25 Per Share Dividend.

In the second quarter of FY27, LTM’s performance revealed a mixed bag of results, with profit after tax (PAT) slightly declining by 0.1% year-on-year to Rs 1,379.9 crore, compared to Rs 1,381.2 crore a year ago. However, revenue showed a robust increase of 13.6% year-on-year, reaching Rs 11,807.6 crore, up from Rs 10,394.3 crore in Q2FY26. Earnings before interest and tax (EBIT) also reflected positive momentum, growing 11.5% year-on-year to Rs 1,838.1 crore, suggesting operational efficiencies in light of revenue growth despite the PAT dip.

Examining the revenue streams, the AI-led segments demonstrated significant growth, with combined Enterprise AI and Business AI revenue surging 47% year-on-year. Active clientele expanded to 729, indicating a successful client acquisition strategy, particularly with 172 clients now generating over $5 million in revenue and 109 exceeding $10 million. The addition of clients in the $20 million-plus category also reinforces the company’s strengthening market position, complementing CEO Venu Lambu’s assertion that their focus on AI convergence is driving sustained growth.

Despite these solid operational metrics, the share price performance remains a concern; LTM’s stock has decreased by 28.17% year-to-date, although it increased by 3.66% to Rs 4,390 in the latest trading session. The company’s current market capitalization stands at Rs 1,30,216 crore. Notably, the declared interim dividend of Rs 25 per equity share highlights the company’s commitment to shareholder returns even amid mixed profit figures. Hence, investors should weigh the rapid growth in revenue and client acquisition against the backdrop of declining PAT and stock price volatility.

Source: The Economic Times

(Expert Note: This intelligence brief was structured and verified by the Wealthova editorial desk.)