West Asia exposure may impact IT major LTM's near-term performance

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Home / Markets / News / West Asia exposure may impact IT major LTM's near-term performance

LTM's Middle East exposure weighed on Q2FY27 revenue growth, while rising AI-led deals and improving BFSI demand offer prospects for recovery despite margin and forex pressures.

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Devangshu Datta New Delhi

5 min read

Last Updated :

Oct 19 2026 | 11:56 PM

IST

Information technology (IT) major LTM reported soft revenue, which was expected, given its exposure to the West-Asian market. The management commentary was positive. Analysts expect growth and margins to improve in 2027-28 (FY28) as artificial intelligence (AI)-led deals dominate and convert into revenue faster with higher margins. But attitudes towards valuation are mixed, with some earnings downgrades and expectations that forex losses will continue in the second half (H2) of FY27.

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