LTM Q2 Results: PAT remains flat at Rs 1,380 crore; revenue rises 14% YoY; co declares Rs 25 per share dividend

LTM delivered strong revenue growth in the second quarter, supported by its AI businesses, but profit after tax remained unchanged at Rs 1,380 crore. The company also declared an interim dividend of Rs 25 per share for eligible shareholders.

Revenue growth led by AI businesses

LTM’s quarterly revenue increased 14% year-on-year. The rise was driven by the company’s AI businesses, making them the key contributor to the period’s revenue performance.

However, the stronger top-line performance did not translate into growth in profit after tax. PAT remained flat at Rs 1,380 crore, highlighting the contrast between the company’s revenue momentum and its bottom-line result.

Interim dividend declared

Alongside its quarterly results, LTM announced an interim dividend of Rs 25 per share. The payout applies to eligible shareholders.

The results present a mixed quarterly picture: revenue expanded at a double-digit rate, while reported profit was unchanged. The dividend declaration adds a shareholder distribution to the company’s Q2 update.

Key outlook from the results

LTM’s second-quarter performance underscores the importance of its AI businesses to revenue growth. At the same time, the flat PAT figure remains a significant feature of the results. Further details on the company’s performance were not provided.