{"id":173191,"date":"2026-01-20T06:59:16","date_gmt":"2026-01-20T11:59:16","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=173191"},"modified":"2026-01-20T06:59:16","modified_gmt":"2026-01-20T11:59:16","slug":"lti-mindtree-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/lti-mindtree-q3-fy26-earnings-results\/","title":{"rendered":"LTI Mindtree Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Larsen &amp; Toubro Infotech Ltd offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries.<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q3 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b910,781 crore, up 3.7% QoQ from \u20b910,394.7 crore in Q2 FY26 and up 11.6% YoY from \u20b99,660.9 crore in Q3 FY25.<\/li>\n\n\n\n<li>Revenue (USD): USD 1,208 million, up 2.4% QoQ and 6.1% YoY; constant currency growth 2.4% QoQ and 5.2% YoY.<\/li>\n\n\n\n<li>Operating EBIT (adjusted): \u20b917,371 million, up 5.4% QoQ from \u20b916,481 million and up 30.7% YoY from \u20b913,289 million; adjusted EBIT margin 16.1%, up 20 bps QoQ and up from 13.8% in Q3 FY25.<\/li>\n\n\n\n<li>Operating EBIT (reported, after New Labour Codes): \u20b911,468 million; reported EBIT margin 10.6%\u201310.7% after a one\u2011time New Labour Codes impact of \u20b95,903 million.<\/li>\n\n\n\n<li>Profit After Tax (adjusted): \u20b914,013 million, up 1.5% QoQ from \u20b913,812 million and up 29.0% YoY from \u20b910,867 million; adjusted PAT margin 13.0% vs 11.2% in Q3 FY25.<\/li>\n\n\n\n<li>Profit After Tax (reported): \u20b9960 Crore , down ~12% YoY, after accounting for a one\u2011time New Labour Codes hit of \u20b91,087 Crores at PAT level.<\/li>\n\n\n\n<li>EPS (diluted): \u20b932.7 vs \u20b947.2 in Q2 FY26 and \u20b936.6 in Q3 FY25, on an adjusted basis.<\/li>\n\n\n\n<li>Order inflow (TCV): USD 1.69 billion, flat YoY and up >6% QoQ; fifth consecutive quarter with TCV above USD 1.6 billion.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management described Q3 FY26 as a \u201cstrong\u201d quarter with third consecutive quarter of 2%+ QoQ growth, <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/eaeaa451-ff05-4620-8870-54ac53821986.pdf\" target=\"_blank\" rel=\"noopener\">reflecting benefits<\/a> from the AI\u2011led pivot, large\u2011deal momentum and operational excellence, even though reported profit was temporarily depressed by labour\u2011code provisions.<\/li>\n\n\n\n<li>The CEO highlighted that adjusted EBIT margin reached 16.1% and adjusted PAT grew 29% YoY, driven by Fit\u2011for\u2011Future efficiency gains, AI\u2011driven productivity, and disciplined execution across verticals.<\/li>\n\n\n\n<li>Strategic focus areas:\n<ul class=\"wp-block-list\">\n<li>Deepening the AI pivot through differentiated AI\u2011led offerings and the \u201cNew Horizon\u201d cost\u2011and\u2011margin programme to sustain margin expansion while funding growth investments.<\/li>\n\n\n\n<li>Continuing to mine large accounts and win multi\u2011year transformation deals, supported by a more resilient and balanced portfolio mix across geographies and sectors.<\/li>\n\n\n\n<li>Managing the New Labour Codes impact as a one\u2011time reset, with confidence in maintaining mid\u2011teens EBIT margins on an adjusted run\u2011rate basis going forward.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results-839x1024.png\" alt=\"LTI Mindtree Q3 FY26 Earnings Results\" class=\"wp-image-173192\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q2 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b910,394.7 crore, up 5.2% QoQ from \u20b99,840.6 crore in Q1 FY26 and up 10.2% YoY from \u20b99,731.8 crore in Q2 FY25.<\/li>\n\n\n\n<li>Revenue (USD): USD 1,180.1 million, up 2.3% QoQ and 4.8% YoY; constant currency growth 2.4% QoQ and 4.4% YoY.<\/li>\n\n\n\n<li>Operating EBIT: \u20b916,481 million, up 17.2% QoQ from \u20b914,068\u201314,065 million and up strongly YoY; EBIT margin 15.9%, expanding 160 bps QoQ from 14.3% and higher YoY.<\/li>\n\n\n\n<li>Profit After Tax (PAT): \u20b913,812\u201313,81X million, up ~10% QoQ from \u20b912,546 crore and up 10.4% YoY from \u20b912,516 crore; PAT margin about 13.3%.<\/li>\n\n\n\n<li>EPS: \u20b947.27 vs \u20b942.8 in Q1 FY26 and lower base a year ago.\u200b<\/li>\n\n\n\n<li>Order inflow (large deals): USD 530 million TCV, including the company\u2019s largest\u2011ever multi\u2011year strategic deal with a top global media and entertainment company under an AI\u2011centric delivery model, plus a major global financial institution partnership.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Management Commentary &amp; Strategic Directions \u2013 Q2 FY26<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management described Q2 FY26 as a quarter of broad\u2011based growth with revenue, EBIT and PAT all improving QoQ and YoY, supported by strong deal wins and expanding margins.<\/li>\n\n\n\n<li>EBIT margin expansion to 15.9% was driven by productivity gains, pyramid optimisation, and operating\u2011efficiency initiatives, even as the company continued investing in AI, cloud and industry solutions.<\/li>\n\n\n\n<li>Strategic themes:\n<ul class=\"wp-block-list\">\n<li>Scaling AI\u2011centric delivery and large, complex transformation engagements with global enterprises in media, BFSI and other verticals.<\/li>\n\n\n\n<li>Maintaining a strong deal pipeline and healthy TCV to support mid\u2011single\u2011digit to high\u2011single\u2011digit growth with a focus on profitable, high\u2011quality revenue.<\/li>\n\n\n\n<li>Returning more cash to shareholders via dividends (\u20b922 interim dividend) while sustaining investments in talent and technology platforms.\u200b<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larsen &amp; Toubro Infotech Ltd offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries. Q3 FY26 Earnings Results Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26 Q2 FY26 Earnings Results Management Commentary &amp; Strategic Directions [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":173192,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[8532],"class_list":["post-173191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-technology-stocks","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/LTI-Mindtree-Q3-FY26-Earnings-Results.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":173174,"url":"https:\/\/alphastreet.com\/india\/tech-mahindra-q3-fy26-earnings-results\/","url_meta":{"origin":173191,"position":0},"title":"Tech Mahindra Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 16, 2026","format":false,"excerpt":"Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries. 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It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Q3 FY26 Earnings Results Revenue from Operations (Consolidated): \u20b923,560 crore, up ~3.8% QoQ from ~\u20b922,697 crore in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Wipro-Q3-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177188,"url":"https:\/\/alphastreet.com\/india\/mphasis-q3-fy26-earnings-results\/","url_meta":{"origin":173191,"position":2},"title":"Mphasis Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 23, 2026","format":false,"excerpt":"Mphasis a global Information Technology (IT) solutions provider specializing in providing cloud and cognitive services, applies next-generation technology to help enterprises transform businesses globally. 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