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India’s LTIMindtree beats Q2 earnings view on BFSI strength
LTIMindtree outpaced Q2 forecasts thanks to strong BFSI business and US deal wins.
India’s IT services firm LTIMindtree reported better-than-expected results for Q2 FY26, with net profit rising 12% and consolidated sales up 10.2%, surpassing analyst estimates. The growth was driven by strong performance in its Banking, Financial Services & Insurance (BFSI) segment, and a 3.6% revenue increase from the US market, which contributes about 75% of its business. The company also secured $1.59 billion in new deals for the quarter. Shares closed slightly higher on the results announcement.