Financial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than 3% sequentially in the first quarter. With this, Lambu said, LTM expects the artificial intelligence-led revenue deflation to be behind the firm.

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…

LTM shares will be in focus after the IT company reported largely in-line Q1FY27 earnings. While revenue growth remained muted, margins beat estimates and brokerages retained a…