LTIMindtree bags $100 million order from US chemical firm

Indian IT services provider LTIMindtree has signed a multi-year contract with an unnamed US-based global chemicals and polymer manufacturer, according to an exchange filing on Monday. The deal is valued just north of $100 million.

Under the deal, LTIMIndtree would offer IT services across business applications, infrastructure operations, end-user support, software asset governance, and project execution, the company said. The focus would be on cost optimisation, vendor consolidation, and service delivery innovation.

The mid-tier Indian IT company reported a total order flow of $1.59 billion during the quarter ending September 2025, compared to $1.3 billion in the year-ago period.


LTIMindtree's revenue from operations in the three months under review stood at Rs 10,394 crore, up 10% compared with Rs 9,433 crore in the same period last year. The company posted 12% year-on-year (YoY) growth in its consolidated second-quarter net profit at Rs 1,401 crore, versus Rs 1,251 crore in the year-ago period

In the filing, LTIMindtree said it would leverage AI and automation — a vertical it has doubled down on — in the latest deal.

LTIMindtree big on AI

LTIMindtree launched its AI unit BlueVerse in June, which utilises ready-made digital assistants to solve problems for firms. The company is now planning additional investments in the platform, said chief executive Venugopal Lambu in conversation with news agency PTI.

The IT firm is seeing a spike in smaller, AI-led deals that bring in quick revenue, even as the technology increasingly underpins larger, strategic contracts, he added.

Announcing the company’s September quarter financials earlier this month, CEO Lambu had underlined the commitment to becoming an AI-centric organisation.

However, this also has certain drawbacks for IT firms. For instance, revenue from top five LTIMindtree clients dropped in the September quarter as they expect the company to pass on savings from AI-led productivity gains.