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LTIMindtree Q2 Review: Motilal Oswal Maintains 'Buy', Sees 18% Upside Potential — Check Target Price

With improving revenue visibility and earnings growth potential of 13-15% over the medium term, Motilal Oswal upgrades estimates by 5.1%/3.8% for FY26/FY27.

<div class="paragraphs"><p>LTIMIndtree's revenue visibility remains strong for the next three quarters. (Photo Source: Company)</p><p></p></div>
LTIMIndtree's revenue visibility remains strong for the next three quarters. (Photo Source: Company)

LTIMindtree reported revenue of $1.1 billion in Q2 FY26, up 2.4% QoQ CC, above our estimate of 2.0% QoQ CC growth. Ebit margin at 15.9% was above Motilal Oswal's estimate of 14.9%. PAT stood at Rs 13.8 billion, up 10.1% QoQ/10.4% YoY and in line with our estimate of Rs 13 billion.
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