LTM Ltd. (LTM) reported Q2 net profit of ₹1,397.9 crore, a 4.8% dip from ₹1,468.6 crore in the last quarter, while revenue ticked up 1.7% to ₹11,807 crore.
Earnings before interest and taxes rose 2.2% to ₹1,838 crore, pushing the EBIT margin to 28.5% from 15.5% sequentially – a sharp lift that outpaces the sector’s typical margin trajectory.
The board approved a ₹25 per share dividend, a move that should buoy investor sentiment amid the stock’s 35% YTD decline and its status as one of the worst performers on the Nifty IT index this year.
In a separate filing, LTM disclosed a two‑year engagement with a major global BFSI firm, potentially worth up to $100 million, with an option to extend for an additional year. The deal underscores LTM’s deep banking‑domain expertise and could add significant long‑term revenue.
Shares slipped 1% to ₹4,032.7 after the deal announcement, the only 1.5% drop in the past month. Investors are watching how the $100 million engagement will translate into future earnings and whether the dividend will offset the stock’s steep YTD slide.