LTIMindtree share price is likely to remain in focus after Managing Director and CEO Venu Lambu, in an interview with CNBC-TV18, said the company expects business momentum to improve over the coming quarters, supported by strong demand in its financial services and technology verticals.
He also said the company's AI revenue is expected to grow faster than its overall business, while reiterating LTIMindtree's long-term focus on AI-led services.
The comments came after the company's April-June 2026 (Q1 FY27) earnings, during which overall sequential revenue growth stood at 0.3% despite stronger performance in its key business segments.
Speaking to CNBC-TV18, Lambu said LTIMindtree's 2 largest business verticals: financial services and technology, each recorded more than 3% sequential growth during the June quarter, reflecting improving demand.
He added that the consumer business saw a marginal decline due to delays in a large India project caused by hardware delivery and memory shipment constraints, along with disruptions arising from the West Asia conflict. According to Lambu, the delayed project has started rolling into the second quarter and is expected to contribute to growth.
He also expressed confidence that demand in the financial services and technology segments will remain strong in the coming quarters.
During the CNBC-TV18 interview, Lambu said AI has become an important growth driver for LTIMindtree. The company currently derives 12% of its revenue from AI-related services, equivalent to around $150 million.
He said AI revenue is expected to expand at a faster pace than the company's overall business. LTIMindtree's AI revenue includes Business AI, Creative AI, and Industrial AI, while Enterprise AI is excluded as it primarily supports existing IT services.
Lambu also reiterated the company's long-term target of generating 50% of its revenue from AI-native services over the next five years, with the remaining revenue expected to come from AI-enabled offerings.
Lambu told CNBC-TV18 that LTIMindtree continues to see strong deal momentum, supported by growing demand for AI solutions and vendor consolidation opportunities. The company reported an order book of around $1.7 billion and said it is witnessing healthy traction across Business AI, Creative AI, and Industrial AI services, with Business AI emerging as the strongest growth area.
LTIMindtree expects business momentum to strengthen in the coming quarters as delayed projects resume, demand remains healthy across its key verticals, and AI adoption accelerates. In his interview with CNBC-TV18, Venu Lambu highlighted the company's confidence in expanding its AI business, making LTIMindtree share price one to watch as investors with a demat account assess its long-term growth strategy.
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Published on: Jul 14, 2026, 2:42 PM IST
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