LTIMindtree has announced its financial results for the third quarter, revealing a notable decline in net profit. The company's net profit fell by 10.5% year-on-year, settling at Rs 971 crore. This drop comes despite positive developments in other areas of the business.
Client Base and Employee Additions Show Strength
On a brighter note, LTIMindtree reported growth in its client portfolio. As of December 31, 2025, the company served 746 active clients. More impressively, the number of clients contributing over $20 million annually increased by eight compared to the same period last year. This indicates a strengthening relationship with high-value customers.
Workforce Expansion Continues
The IT firm also expanded its workforce during the quarter. LTIMindtree added 1,511 employees in Q3, bringing its total headcount to 87,958. This hiring spree reflects the company's ongoing investment in human resources to support its operations and growth initiatives.
Overall, while the profit decline presents a challenge, the growth in major clients and employee numbers suggests LTIMindtree is building a solid foundation for future performance. The mixed results highlight the dynamic nature of the IT industry, where companies must balance immediate financial outcomes with long-term strategic investments.
