LTIM

LTIMindtree reported 9% YoY revenue growth in Q1 FY26 with improved traction in BFSI and manufacturing verticals. Margins stabilized at 17%. The company continues to invest in cloud and GenAI-led digital transformation. Deal wins remain steady, though discretionary spending is cautious. At ~28x FY26 EPS, valuations are reasonable for a mid-tier IT major. LTIMindtree remains a strong tech play with long-term potential.