LTLTM540005Earnings call transcript

Q2 FY2027 call: revenue USD 1.24 billion, AI at 13.4% of revenue, margin 15.6%

The Q2 FY2027 earnings call transcript (held October 16, 2026) is now on record.

By ScoutQuest · Thu 22 Oct 2026, 11:54 AM IST · 2 min read

Revenue

USD 1.24 billion, up 1.1% quarter-on-quarter and 5.1% year-on-year in constant currency

EBIT margin

15.6%, a 10-basis-point sequential improvement

AI revenue / Order inflow

AI revenue 13.4% of overall revenue, up 40% year-on-year; order inflow USD 1.3 billion

The quarter in numbers

• Revenue of USD 1.24 billion, up 1.1% sequentially and 5.1% year-on-year in constant currency terms.
• EBIT margin at 15.6%, a 10-basis-point sequential improvement.
• Order inflow of USD 1.3 billion.
• AI revenue at 13.4% of overall revenue, a 40% year-on-year growth. Including enterprise AI, cumulative AI revenue grew 47% year-on-year.

Where management says demand is moving

Management said client spend is shifting towards the AI deployment cycle, which it described as covering reimagination of business processes, scaling contextual implementation, ensuring sovereignty and optimising economics. It said this plays to the company's domain technology expertise and its ability to deliver in complex enterprise environments, and pointed to engagements across Enterprise AI, Business AI, Industrial AI, and marketing and Creative AI. AI-led revenue growth was linked to the continued expansion of the BlueVerse ecosystem.

Deal wins named this quarter

• Selected by a leading global banking and financial services institution as strategic technology partner for consolidating and delivering technology services across wealth and personal banking.
• Selected by a leading North American speciality construction company to consolidate and build an AI-led operating model for outcome-driven infrastructure managed services.
• Selected by a U.S.-based insurance company as a strategic partner to consolidate global IT services and embed AI across its managed services portfolio.
• Expanded its relationship with a large U.S. property and casualty insurer as a strategic AI-led engineering partner to improve operational efficiency, accelerate delivery and strengthen quality assurance.
• Selected by one of the world's leading CPG players to support marketers and brand managers across multiple businesses in transforming the concept-to-creative process and improving speed to market.

How the order book was framed

The order inflow was described as reflecting AI-centric deals that are short-tenured, have a faster revenue realisation and are incremental in nature. The overall deal pipeline, including large deals, was described as healthy.

What a retail reader can take away

• The numbers to track are the 1.1% sequential and 5.1% year-on-year constant-currency revenue growth, the 15.6% EBIT margin and the USD 1.3 billion order inflow.
• AI is the stated growth driver: 13.4% of revenue today, growing 40% year-on-year.
• Management's forward-looking commentary centred on shorter-tenure AI deals that convert to revenue faster, and on a pipeline it called healthy. The call carried the usual caution that forward-looking statements involve risks and uncertainties.

This is a transcript of what management said on the call, not a fresh set of audited results.

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