LTM's Q1 meets the script: ₹11,608 cr revenue, ₹1,468.6 cr profit
Revenue up **18%**, net profit up **17%**, EBIT margin gains **120 bps** to **15.5%**. Nabha Power reclassification is a non-event with no financial impact.
— 10 earlier stories on LTM Ltd. →Mkt cap₹1.12 lakh cr
P/E22.24×
ROE20.89%
Debt / eq.0.00
Div yld1.97%
₹11,608 cr Q1 FY27 revenue, up 18% YoY
What's new
- Revenue ₹11,608 cr (+18% YoY), net profit ₹1,468.6 cr (+17.1%)
- EBIT margin expanded 120 bps to 15.5%
- Board approved reclassification of Nabha Power from promoter to public, subject to regulatory approvals
Why this matters
The quarter matched expectations, confirming the trajectory. The margin improvement shows cost control is holding. No new market-moving information.
What we're watching
- Sustain margin trajectory through FY27
- Demand outlook in concall for H2
- Regulatory approval timeline for Nabha Power reclassification
The full read
No surprises. Revenue hit ₹11,608 crore, net profit ₹1,468.6 crore — both up about 18% from last year, and the 120 bps margin gain to 15.5% shows costs are well managed. The Nabha Power reclassification is housekeeping with no financial impact. The market had already priced this in. Hardly a newsworthy quarter.
Questions answered
- What were LTM's revenue and profit in Q1 FY27?
- Revenue was ₹11,608 crore, up 18% YoY, and net profit was ₹1,468.6 crore, up 17.1% YoY.
- How did margins perform?
- EBIT margin improved 120 basis points to 15.5%, reflecting better cost management.
- Is the Nabha Power reclassification material?
- No. Nabha Power is a non-shareholding entity; reclassification from promoter to public has no financial impact and is a routine regulatory request.
- Were these results a surprise?
- No. The numbers were broadly anticipated and in line with market expectations, as confirmed by the analyst rationale.
- What is the next catalyst for LTM?
- The H2 demand outlook from the management concall and the company's ability to sustain margin gains will drive near-term sentiment.
Mentioned: Nabha Power Limited · ₹11,608 cr · 120 bps
Company snapshot
LTM Ltd.
Software Services
₹1.21 L cr
P/E 23.10×
Latest quarter · Jun 2026
Sales₹11,608 cr
Net profit₹1,469 cr
Op. margin+17.8%
EPS₹49.54
Strength & growth
Debt / equity0.00×
Current ratio2.83×
Sales CAGR+21.9%
EPS CAGR+13.0%
Story so far
All notes on LTM →- 11 Jul 2026 · 7:12 PM IST LTM's Q1 meets the script: ₹11,608 cr revenue, ₹1,468.6 cr profit
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