LTM posts 18% revenue growth, 17% profit rise in Q1
Q1 results in line with expectations; board approves procedural reclassification of Nabha Power from promoter to public.
— 10 earlier stories on LTM Ltd. →What's new
- Revenue rose 18% YoY to ₹11,608 cr; net profit up 17% to ₹1,468.6 cr.
- Board approved reclassification of Nabha Power from promoter to public category.
- Nabha Power holds no LTM shares; move follows an earlier request and is subject to regulatory approvals.
Why this matters
For a large-cap IT firm, 18% YoY revenue growth is solid but expected. The reclassification is a housekeeping item with zero strategic impact.
What we're watching
- Impact of the Randstad acquisition (EUR 160m) on future quarters.
- Any margin commentary from management (not detailed in this filing).
The full read
LTM's Q1 results are solid but routine. Revenue hit ₹11,608 crore, up 18% year-on-year, while net profit rose 17% to ₹1,468.6 crore. For a company with a ₹1,11,607 crore market cap, these numbers reflect steady IT demand. The board also approved reclassifying Nabha Power from promoter to public category, a purely procedural step since Nabha Power holds zero LTM shares. No surprises here. The open question is how the EUR 160 million Randstad acquisition will shape the next few quarters.
Questions answered
- How did LTM's Q1 revenue compare year-on-year?
- Revenue rose 18% to ₹11,608 crore from the year-ago quarter.
- What is the significance of the Nabha Power reclassification?
- Nabha Power holds no LTM shares; the reclassification from promoter to public is a procedural move with no financial or strategic impact.
- Are these results surprising?
- The filing notes no material surprise; results appear in line with prior expectations given LTM's size and the demand environment.
- What is LTM's trailing P/E ratio?
- LTM's trailing P/E is 22.2, based on company context data.
- When was the Randstad acquisition announced?
- LTM offered to buy Randstad's tech consulting arm for EUR 160 million in May 2026.
LTM Ltd.
Latest quarter · Jun 2026
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All notes on LTM →- 11 Jul 2026 · 7:10 PM IST LTM posts 18% revenue growth, 17% profit rise in Q1
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