LTIMindtree, a global provider of digital solutions and technology consulting services, today shared its consolidated financial results for the quarter ending June 30, 2025, following approval by its Board of Directors. CEO and Managing Director Venu Lambu described the quarter as a strong start to the fiscal year, noting broad-based revenue growth, improved margins, and significant strides in executing long-term strategic initiatives. He credited the company’s agility, sales transformation, and increased focus on artificial intelligence as key contributors to operational scalability and resilience in a challenging macroeconomic landscape.
The technology consulting firm reported a stable start to the financial year, posting consolidated results for the quarter ended June 30, 2025. The company registered a modest yet steady growth in revenue, driven by its continued focus on operational efficiency and long-term strategic execution. Leadership highlighted progress across key transformation initiatives including agility programs, sales restructuring, and a sharper pivot toward artificial intelligence as significant contributors to the quarter’s performance.
In dollar terms, LTIMindtree recorded quarterly revenue of $1,153.3 million, reflecting a 2.0% increase from the previous quarter and a 5.2% rise year-on-year. Operating margin improved by 50 basis points sequentially to 14.3%, while net profit rose to $147 million, representing a 12.6% quarter-over-quarter and 8.0% year-over-year increase. In Indian rupees, revenue stood at ₹98,406 million, up 0.7% over the previous quarter and 7.6% higher than the same period last year. Net profit in rupee terms climbed to ₹12,546 million, marking double-digit growth both sequentially and annually.
Client expansion continued to be a strong pillar of the LTIMindtree performance. As of June 30, the firm had 741 active clients. The number of clients contributing over $1 million annually increased by 14 compared to the same quarter last year, reaching a total of 404. Similarly, there were 11 new clients in the $5 million+ segment, raising the count to 159. The $10 million+ bracket added 3 new clients, while 2 additional clients crossed the $50 million+ threshold, bringing that total to 14.
The workforce totaled 83,889 professionals at the end of the quarter. The trailing 12-month attrition rate was reported at 14.4%, while utilization excluding trainees stood at 88.1%. These figures indicate a well-managed talent base, essential for sustaining delivery excellence and meeting growing client demand across geographies and service lines.
The company secured several notable deals during the quarter. These include a contract with a global agribusiness firm for an AI-led IT transformation, a supplier consolidation engagement with a top professional services company, and a long-term digital overhaul for a European bank involving migration to a modern transaction platform infused with AI and automation. Other wins included managing the digital systems of a Middle Eastern technology firm, integrating ERP applications for a utility provider, and executing a digital tax transformation project for a government body. Further engagements came from a Nordic recycling leader and a U.S.-based oil and gas corporation spanning cloud, data, SAP, and AI services.
Strategic partnerships also featured prominently. The company was recognized at Microsoft’s 2025 Security Excellence Awards for its contributions to diverse and inclusive security practices. It was also honored as Google’s Industry Solutions Partner of the Year for manufacturing for the second year running. Additional accolades included being named a premier partner in AWS’s RAPID GenAI program and winning Databricks’ Business Transformation Partner of the Year. The organization received further recognition from Boomi and Snowflake for its impact in automation, integration, and data cloud services within the manufacturing sector.
Industry analysts and advisory firms acknowledged the firm’s capabilities across multiple segments. It was named a Leader in SAP ecosystem services and Duck Creek technology implementation by ISG, as well as in energy, utilities, and talent readiness evaluations by HFS and Everest Group. The company also earned “Major Contender” rankings in digital healthcare, life sciences platforms, and automation services from Everest Group, and was labeled a Disruptor in the insurance services space by HFS. Backed by over 83,000 professionals across 40+ countries, the company continues to drive transformation at scale for more than 700 global clients by combining industry expertise with cutting-edge digital capabilities.
LTIMindtree is a global digital transformation company supporting over 700 clients worldwide. Backed by the Larsen & Toubro Group, the firm leverages deep industry expertise, emerging technologies, and a global team of over 83,000 professionals across 40+ countries to drive innovation, enhance customer experiences, and deliver scalable, sustainable outcomes.
