India, Oct. 16 -- LTM, formerly LTIMindtree Limited and part of the Larsen & Toubro Group, reported a marginal decline in consolidated net profit for the second quarter of FY27, even as revenue increased year on year.

The IT services company reported consolidated revenue from operations of Rs 11,807.6 crore for the quarter ended 30 September 2026, up 13.6% year on year and 1.7% sequentially. Net profit after tax stood at Rs 1,379.9 crore, down 0.1% year on year and 6% quarter on quarter.

Earnings before interest and tax (EBIT) rose 11.5% year on year to Rs 1,838.1 crore. The EBIT margin, however, declined by 30 basis points year on year to 15.6%, although it improved by 10 basis points sequentially.

In US dollar terms, revenue was USD ...