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Margin nerves hit LTIMindtree stock
Business Standard
|January 21, 2026
Strong deal wins fail to calm near-term worries
LTIMindtree (LTIM) shares fell sharply on Tuesday after its 202526 (FY26) third-quarter (OctoberDecember/Q3) earnings, reflecting investor caution over near-term challenges despite signs of a gradual recovery under new management.
On the BSE, LTIM slid as much as 7.7 per cent to an intraday low of 5,912.8 per share.
At the close, the information technology (IT) major’s shares were down 6.67 per cent at %5,977.85, underperforming the benchmark Sensex, which fell 1.28 per cent to 82,180. LTIM reported revenue of $1.2 billion for Q3FY26, a 2.4 percent quarter-on-quarter increase in constant currency terms. Operating margins edged up to 16.1 per cent, supported by cost-saving initiatives. However, the quarter included a onetime charge of %590 crore related to provisions for new labour laws, which dragged earnings per share down 11 per cent year-on-year (Y-0-Y).
Esta historia es de la edición January 21, 2026 de Business Standard.
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