LTIMindtree Limited has released the transcript of its Q3 FY2026 earnings conference call, which was held on January 19, 2026. The call featured insights from CEO and Managing Director Venu Lambu and CFO Vipul Chandra. During the call, LTIMindtree reported revenues of USD 1.21 billion for Q3 FY2026, a sequential growth of 2.4% in USD terms. Operational EBIT margins expanded by 20 basis points to 16.1%. Profit After Tax (PAT) grew 29% year-on-year before accounting for labor code impact. Order inflow stood at USD 1.7 billion, a 6.4% increase quarter-on-quarter. The company highlighted significant deal wins, including a multi-year USD 155 million engagement with a U.S. insurance and financial services company for AI-led application management and infrastructure operations. Other key wins included agreements with a leading manufacturer for technology landscape consolidation, a global financial institution for end-to-end technology services, and a UK-based food and beverage company for AI-driven simplification. Performance by vertical showed growth in Manufacturing and Resources (9.4%), Healthcare, License, and Public Services (9.9%), and Consumer Business (1.2%). BFSI saw a decline of 0.7%, while Tech, Media, and Communication remained flat. Geographically, the Americas grew by 0.4%, Europe by 3.4%, and the Rest of the World by 14.1% sequentially. LTIMindtree also announced its strategy for FY2027 and beyond, focusing on brand repositioning and enhancing its ability to compete. The company launched BlueVerse™ with Organizational General Intelligence, an IT service management platform designed for autonomous IT operations. They are also building AI factories and launching new offerings like EdgeXcelerate and TransisTOR. Financially, revenue in INR stood at ₹10,781 crore, a 3.7% sequential growth. Adjusted PAT was ₹1,401 crore, a 1.5% sequential increase. The company's cash and investment balances were around USD 1.62 billion (₹14,558 crore). Trailing 12-month attrition decreased to 13.8%. The company also received several industry recognitions, including leadership positions in Everest Group's and Avasant's assessments, and partner awards from AWS. Regarding future outlook, LTIMindtree expects growth momentum to continue, driven by execution discipline, improved deal momentum, and AI-led offerings. The company is preparing for its next growth phase in FY2027 with a strategic brand repositioning. They aim to achieve double-digit YoY growth and are confident in improving EBIT margins year-on-year.
