IT giant LTM Ltd.'s net profit for the first quarter of fiscal 2027 rose 5.3% sequentially, according to an exchange filing on Saturday.
The company's consolidated bottom-line came in at Rs 1,466 crore, meeting analysts' estimates of Rs 1,432 crore. In the preceding quarter, LTM reported a net profit of Rs 1,392 crore.
Revenue from operations rose 2.8% to Rs 11,608 crore from Rs 11,292 crore in the previous quarter. Analysts had pegged the IT company to post a topline of Rs 11,544 crore.
On the operational front, earnings before interest and taxes also rose 5.3% to Rs 1,799 crore from Rs 1,709 crore, in-line with D-Street expectations of Rs 1,744 crore. Margin expanded to 15.5% in the quarter under review, from 15.1% in Q4 of fiscal 2026.
The company's trailing 12-month attrition stood at 13.3% in the first quarter. Order inflow edged down 0.3% sequentially to $1.68 billion. Employee headcount stood at 87,886 at the end of the quarter.
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LTM Q1FY27 Highlights ( Cons, QoQ)
- Net profit: Up 5.3% to Rs 1,466 crore from Rs 1,392 crore (versus estimate of Rs 1,432 crore)
- Revenue: Up 2.8% to Rs 11,608 crore from Rs 11,292 crore (versus estimate of Rs 11,544 crore)
- Ebit: Up 5.3% to Rs 1,799 crore from Rs 1,709 crore (versus estimate of Rs 1,744 crore)
- Margin: 15.5% versus 15.1% in the previous quarter (versus estimate of 15.1%)
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LTM Share Price
LTM's stock ended 4.74% higher at Rs 4037.20 apiece on the NSE. This compared to a 1.02% advance in the benchmark Nifty index on Friday.
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