New Delhi, May 8 -- LTM Ltd aims to double its revenue to nearly $10 billion by FY31, a year ahead of its earlier guidance, even as the rise of automation tools and an uncertain geopolitical environment continue to challenge the information technology (IT) services industry.

India's sixth-largest IT services firm, which released its FY26 annual report on Friday, said it will rely on large deals and artificial intelligence (AI)-driven, high-value services to fast-track its plan to double revenue. It also plans to "balance margin expansion with reinvestment in growth and capabilities."

The Mumbai-based company ended last year with $4.76 billion in revenue, up 6%. More than a third of this growth came from manufacturing and resources compa...