Stories
LTM Q2 Net Profit Dips 5 Percent Despite Strong AI Revenue Growth
C
CNBC TV18•16-10-2026, 17:10
LTM Q2 Net Profit Dips 5 Percent Despite Strong AI Revenue Growth
- •LTM Limited reported a 4.8 percent sequential decline in net profit to ₹1,397.9 crore for the September quarter.
- •Revenue increased by 1.7 percent quarter on quarter to ₹11,807.6 crore, driven by robust performance in AI services.
- •Revenue across Enterprise AI and Business AI surged 47 percent year on year.
- •The company declared an interim dividend of ₹25 per equity share with October 23, 2026, set as the record date.
- •Total active clients reached 729, with expansions noted across multiple high-value revenue tiers.
Key Questions Answered
LTM Limited reported a mixed performance for the September quarter, with revenue rising 1.7% quarter on quarter to ₹11,807.6 crore, while net profit declined 4.8% sequentially to ₹1,397.9 crore.
The board of LTM declared an interim dividend of ₹25 per equity share with a face value of ₹1. The record date to determine eligible shareholders is set for October 23, 2026.
LTM's revenue across Enterprise AI and Business AI together grew by 47% year on year. CEO and Managing Director Venu Lambu attributed this growth to the successful execution of the company's AI-centric strategy and tech-domain convergence approach.
