LTIMindtree Lands Record Deal Worth $580 Million

Indian IT services company LTIMindtree has secured its largest-ever contract, with sources estimating the deal at $580 million. The client is a major global media and entertainment firm, though its name remains undisclosed.

This milestone deal surpasses LTIMindtree’s previous biggest win of $450 million, struck earlier this year. The company will support its new client in modernising operations through automation, refining delivery models, optimising processes, and consolidating vendor relationships.

Investors responded positively to the news, sending LTIMindtree’s share price up by roughly 3%, the biggest single-day jump the stock has seen in nearly five months. Market analysts point out that while large IT firms grapple with legacy business challenges, mid-cap players like LTIMindtree are gaining traction by landing AI-driven, outcome-based contracts.

For LTIMindtree, this deal positions the company to deepen its presence in the high-stakes tech solutions space. As India’s $283 billion IT sector faces global headwinds, this success is a bold assertion of capability and ambition in the competitive services market.