LTM posts 18% revenue growth in Q1, profit up 17%
Revenue of ₹11,608 crore and net profit of ₹1,468.6 crore for June quarter; board also approves reclassification of Nabha Power from promoter group.
— 10 earlier stories on LTM Ltd. →What's new
- Revenue rose 18% YoY to ₹11,608 crore in Q1 FY27.
- Net profit grew 17.1% to ₹1,468.6 crore.
- Board approves reclassification of Nabha Power from promoter to public.
Why this matters
Steady but unremarkable quarter for a large-cap IT firm. The reclassification is a procedural non-event. The real catalyst remains the pending EUR 160 million Randstad acquisition.
What we're watching
- Margin trajectory amid wage hikes and deal ramp-ups.
- Progress on the Randstad tech consulting acquisition.
- Demand commentary from investor call if any.
The full read
LTM's June quarter numbers are steady, as expected from a large-cap IT firm. Revenue of ₹11,608 crore is 18% higher than last year; net profit of ₹1,468.6 crore is up 17.1% — a routine beat on the profit line. The reclassification of Nabha Power from promoter to public is a procedural checkbox. No new price-sensitive information emerged. The stock's next catalyst remains the EUR 160 million Randstad deal announced in May. For now, the narrative is unchanged: steady growth in a large-cap frame.
Questions answered
- How did LTM's revenue growth compare to the prior quarter?
- Revenue was ₹11,608 crore, up from ₹11,292 crore in the March 2026 quarter. Sequential growth was about 2.8%.
- Is the Nabha Power reclassification price-sensitive?
- No. The board gave in-principle approval, subject to regulatory nods. It was already disclosed in earlier filings and is purely procedural.
- What is the status of the Randstad acquisition?
- LTM announced on May 22, 2026, an offer to buy Randstad's tech consulting arm for EUR 160 million. No update in this filing.
- How does this quarter compare to market expectations?
- Standard large-cap IT performance. No surprises — the market typically prices this through faster channels.
- What are the key numbers from the quarter?
- Revenue ₹11,608 crore, net profit ₹1,468.6 crore, YoY growth of 18% and 17.1% respectively.
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 in Q1, profit up 17%
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