LTIMindtree Shares Surge 4% on ₹3,000 Crore CBDT Order Win

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CNBC TV18•16-01-2026, 11:35
LTIMindtree Shares Surge 4% on ₹3,000 Crore CBDT Order Win
- •LTIMindtree shares gained over 4% after securing a ₹3,000 crore order from the Central Board of Direct Taxes (CBDT).
- •The project, named Insight 2.0, involves building an AI-powered program to modernize India's national tax analytics platform.
- •This seven-year mandate highlights LTIMindtree's expertise in digital transformation, advanced digital architecture, and data analytics.
- •The company previously reported strong Q2 earnings, with net profit up 10.1% to ₹1,381.2 crore and revenue up 5.6% to ₹10,394.3 crore, exceeding estimates.
- •LTIMindtree's operating profit surged 17% to ₹1,648 crore, and its operating margin expanded to 15.9% in Q2.
Why It Matters: LTIMindtree's ₹3,000 crore CBDT order win and strong Q2 results boost investor confidence.
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