LTIMindtree bags $100 million deal with US firm
LTIMindtree secured a contract worth more than $100 million with an American chemicals and polymers manufacturer to manage information technology operations for multiple years. The Indian consulting firm said on Monday it will handle business software, infrastructure management, user assistance and project work under the deal.
The arrangement centers on artificial intelligence tools, automated systems and simplified workflows to cut expenses and improve performance. Mumbai-based LTIMindtree plans to reduce the number of vendors and advance service quality through the partnership.
Chief Executive Venu Lambu said the contract strengthens the company’s role as a transformation adviser in the chemicals and energy industries. The Larsen and Toubro subsidiary reported a profit of 1,381.2 crore rupees for the quarter ended September, up 10 percent from a year earlier.
Revenue reached 10,694.7 crore rupees in the three-month period, climbing 9 percent compared with the same months in 2024. The firm recently won separate work with a global media company to support digital upgrades.
