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Industry Summary Articles

Wednesday, April 23, 2025

LTIMindtree’s FY25 Revenue up 7% in INR

LTIMindtree, a global technology consulting and digital solutions company, announced its consolidated results for the fourth quarter and full year ended Mar 31, 2025, as approved by its Board of Directors.

“We concluded FY25 with a revenue growth of 5% in constant currency terms and an EBIT margin of 14.5%. Our key verticals and a major geography drove our yearly growth despite an ongoing challenging macro environment. The robust order inflow, driven by a significant array of AI-led deal wins, illustrates the pervasive integration of AI across our service offerings.

Venu Lambu’s transition to LTIMindtree has been seamless and supports our strategic goals. His growing understanding of the organisation, combined with our ability to secure large deals, strong presence in tech-intensive sectors, and robust balance sheet, positions us well to leverage the opportunities ahead of us.”

– Debashis Chatterjee, Chief Executive Officer and Managing Director

Key financial highlights:

Quarter ended Mar 31, 2025
In USD:

  • Revenue at $1,131.0 million (-0.7% Q-o-Q / +5.8% Y-o-Y)
  • Operating Margin (EBIT) at 13.8%
  • Net profit at $130.6 million (+2.0% Q-o-Q / -1.4% Y-o-Y)

In INR:

  • Revenue at ₹97,717 million (+1.1% Q-o-Q / +9.9% Y-o-Y)
  • Net profit at ₹11,286 million (+3.9% Q-o-Q / +2.5% Y-o-Y)

Year ended Mar 31, 2025
In USD:

  • Revenue at $4,492.5 million (+4.8% Y-o-Y)
  • Operating Margin (EBIT) at 14.5%
  • Net profit at $543.9 million (-1.7% Y-o-Y)

In INR:

  • Revenue at ₹3,80,081 million (+7.0% Y-o-Y)
  • Net profit at ₹46,020 million (+0.4% Y-o-Y)

Other highlights:

Clients:

  • 741 active clients as of Mar 31, 2025
  • $5 million+ clients increased by 1 on a Y-o-Y basis, total 154
  • $50 million+ clients increased by 1 on a Y-o-Y basis, total 14

People:

  • 84,307 professionals as of Mar 31, 2025.
  • Trailing 12 months attrition was 14.4%

Deal Wins

  • A leading US life insurance company has engaged LTIMindtree to enhance its quality processes using AI to improve the operating model, thereby advancing enterprise quality engineering maturity. This is a multi-year deal which will focus on enhancing quality engineering practices and leveraging AI to transform the operating model.
  • LTIMindtree has been selected by a global Energy major to provide NextGen ERP Support services across multiple functional and SaaS-based solutions.
  • A leading global financial institution has chosen LTIMindtree for its Data Center Migration Project. The deal encompasses the development of comprehensive infrastructure designs and architecture aimed at maximizing performance while minimizing the total cost of operations.
  • LTIMindtree secured an Application Managed Services deal from a leading North American utility company. LTIMindtree’s business-first approach will help the customer achieve quality at scale while improving cost efficiency and productivity.
  • LTIMindtree was chosen by a global reinsurance group to enhance efficiency through an AI Ops model as part of its end-to-end outsourcing deal.
  • A prominent life sciences company in North America has chosen LTIMindtree to undertake its Oracle implementation and maintenance project, ensuring an optimal delivery mix.
  • A leading US materials and construction company has engaged LTIMindtree to maintain and support its complex legacy ERP system as part of its digital transformation initiative.
  • A leading digital company in the KSA region has entrusted LTIMindtree with providing end-to-end operations services for their hybrid cloud security platform.

Partnerships

  • LTIMindtree and Google announced a Strategic Partnership to drive Business Transformation with Agentic AI. LTIMindtree will leverage offerings powered by Google Cloud technology using Agentic AI to redefine the cloud landscape for clients worldwide and drive broad-based GenAI adoption.
  • LTIMindtree has successfully achieved revalidation as an AWS Managed Services Provider (MSP) for the year 2024. The AWS MSP program is a worldwide initiative by AWS that recognizes and showcases the most proficient cloud partners with a demonstrated history and expertise in delivering comprehensive AWS solutions.
  • LTIMindtree has been recognized as the “Highest Overall SAP Qualified Pipeline” partner in the SI category at the AWS Champions Club UKI, marking our second consecutive win following our previous success in GenAI. This recognition underscores our strong momentum in SAP on AWS, leveraging both “RISE with SAP” and AWS-native customer journeys
  • LTIMindtree is now accredited in the Salesforce Tableau Alliance, enabling dedicated resources for collaboration and a focus on joint Tableau customers. This partnership also grants early access to beta versions of products, coinciding with Salesforce’s launch of the updated Tableau Next product suite, which is integrated into the Data Cloud.
  • LTIMindtree was awarded the Global Innovation Partner of the Year by Informatica, a significant accomplishment in our inaugural year as a GSI Partner. This honour reflects the strength of our collaboration with Informatica and our mutual commitment to advancing Data & AI transformation for our clients.

Announcements
The Board of Directors has recommended a final dividend of ₹45 per equity share of par value ₹1 each for the financial year ended March 31, 2025.

To view the original press release, please click here.

Search for LTIMindtree on CIMdata.com

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