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LTIMindtree Q2 beats estimates on BFSI strength, profit +12%
LTIMindtree posts ~10.
LTIMindtree delivered a stronger Q2 with consolidated revenue rising ~10.2% YoY, aided by robust demand from its Banking, Financial Services & Insurance verticals. The firm also posted ~12% increase in net profit, surpassing consensus estimates. Geographic mix and client concentration held steady, while large deal wins added optimism. The company’s U.S. exposure (~75% of revenue) held up, even as deal pipeline remains cautious. Analysts will watch margin pressure, deal flow, and execution in H2 amid macro uncertainty.