Order payload propels LTIMindtree into orbit

$1.59 billion in contracts fires revenue boosters; margin gains provide sustained lift

- RAM PRASAD SAHU

LTIMindtree shares touched a one-year high last week, outpacing the rest of the information technology (IT) pack with a 39.5 per cent jump since April 1. It remains the top performer in the Nifty IT index year-to-date, returning 12.6 per cent against the index’s average return of -10.7 per cent. Investors are betting on steady deal closures, margin improvement through lower costs and rupee depreciation, and double-digit revenue growth in the second half (H2) of 2025-26 (FY26).

Deal flow remains strong and is expected to support revenue growth over the coming quarters. Total contract value in the second quarter (July-September/Q2) came in at $1.59 billion — a 22 per cent rise year-on-year — marking the fourth straight quarter of record deal wins. The book-to-bill ratio stood at 1.35x for the quarter versus 1.33 in 2024-25 (FY25).