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2025-10-14 03:07:38 pm | Source: Motilal Oswal Financial Services Ltd
Buy LTIMindtree Ltd For Target Rs. 6,000 by Motilal Oswal Financial Services Ltd
Buy LTIMindtree Ltd For Target Rs. 6,000 by Motilal Oswal Financial Services Ltd

* LTIM is expected to report ~2.0% QoQ CC growth, aided by ramp-up of agri-deal, top account pass-through behind, and cross-currency gains.

* EBIT margin is expected to improve by ~60bp QoQ to ~14.9%, aided by continued cost actions, moderation in SG&A, and timing of wage hikes (likely in 3Q).

* BFSI and Hi-Tech are stabilizing after last year’s strong growth and productivity resets, while Retail/CPG continue to benefit from deal ramp-ups.

* Commentary on demand, deal ramp-up, BFSI/Hi-tech vertical, and margins will be closely monitored.

 

 

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