LTM profit jumps 17% to Rs 1,468 crore in April-June quarter

LTM chief executive Venu Lambu declared AI revenue separately for the first time in the earnings call, at $150 million for the quarter, in addition to announcing the completed transition to outcome-based pricing across its top 10 clients. The deal flow remained steady on a quarter-on-quarter basis at $1.68 billion, although it improved 3% year-on-year, with two large deals helping the deal momentum.