Mumbai-based AI-centric global technology services and consulting company LTM aims to keep its FY27 growth rate as close as possible to the level achieved in FY26, with expectations of a stronger performance in FY28.
\n\nVenu Lambu, Managing Director and CEO of LTM, said the company remains optimistic about the second half, driven by rising demand for artificial intelligence (AI)-led services. However, the revenue impact from Saudi Arabia is permanent, and the company is not factoring in growth from that market over the next two quarters.
\n\nLooking ahead to FY28, LTM expects further growth acceleration, supported by investments in AI capabilities and the planned completion of its Randstad acquisition. The deal, which has annualised revenue of nearly $500 million, is expected to expand LTM's presence in mainland Europe and Australia.
\n\nIn the July-September quarter (Q2FY27), LTM reported revenue of ₹11,807.6 crore, a profit after tax (PAT) of ₹1,379 crore and an EBIT margin of 15.60%.
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Original source: https://www.cnbctv18.com/technology/
