# LTM Reports Q2 Net Profit of 1,398 Crore as Revenue Rises 13.6%

- URL: https://stocks.freetheai.org/news/ltm-reports-q2-net-profit-of-1-398-crore-as-revenue-rises-13-6-53ceab
- Published: 2026-10-17T04:16:29Z
- Category: earnings; sentiment: mixed; impact: medium
- Symbols: [NSE:LTM](https://stocks.freetheai.org/symbols/NSE-LTM), [NSE:LT](https://stocks.freetheai.org/symbols/NSE-LT)
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LTM Limited (NSE:LTM) reported a mixed performance for the second quarter of FY27. The IT services provider recorded revenue of 11,807.6 crore INR, representing a 13.6% increase compared to the same period last year and a 1.7% rise sequentially from the June quarter. However, net profit for the September quarter slid 0.1% year-on-year and dropped 4.8% from the previous quarter to 1,398 crore INR. Shares of LTM Limited traded up 3.66% at 4,390 INR, while parent Larsen & Toubro Limited (NSE:LT) moved down 0.13% to 3,627 INR.

The divergence between revenue expansion and profit margin compression highlights ongoing operational challenges for the Mumbai-based firm. While top-line growth gained traction through demand in financial services, consumer, and production sectors across North America and Europe, profitability faced headwinds from elevated cost pressures and reduced non-operating income.

Investors will be watching how the company navigates regional and vertical weakness in upcoming quarters. A sequential revenue decline in the Rest of the World region and the technology and services segment signals uneven market conditions across LTM's business portfolio.

## Key points

- LTM Limited revenue rose 13.6% year-on-year to 11,807.6 crore INR in Q2 FY27, up 1.7% sequentially.
- Net profit was nearly flat at 1,398 crore INR, down 0.1% year-on-year and down 4.8% sequentially.
- Cost pressures and lower non-operating income weighed on net earnings despite top-line growth.
- Financial services, consumer, and production segments in North America and Europe drove growth, while tech and services lagged.

## Questions and answers

### What were LTM Limited's Q2 FY27 financial results?

LTM Limited reported Q2 FY27 revenue of 11,807.6 crore INR, up 13.6% year-on-year, and a net profit of 1,398 crore INR, which was down 0.1% year-on-year and 4.8% lower sequentially.

### Why did LTM Limited's net profit fall sequentially in Q2 FY27?

The company's net profit dropped 4.8% quarter-on-quarter due to cost pressures and a decrease in non-operating income.

### Which business segments grew for LTM Limited in Q2 FY27?

Sequential revenue growth was led by the financial services, consumer, and production verticals across North America and Europe, offsetting weakness in the technology and services segment.