LTIMindtree Secures Largest-Ever $580 Million Deal with Global Media Giant, Shares Surge 3%

Upgraded 6 October 2025 at 20:31 IST

Indian IT services firm LTIMindtree clinched its largest-ever $580 million handle a significant worldwide media business, enhancing shares 3%. The agreement concentrates on automating and enhancing operations utilizing AI and procedure enhancements, highlighting mid-cap IT companies’ dexterity amidst sector unpredictabilities.

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Indian IT services business LTIMindtree revealed on Monday that it had actually won its largest-ever offer, with 2 sources familiar with the matter pegging the size at$580 million.

The 6th biggest software application services exporter in India stated the offer was with a leading worldwide media and home entertainment business, however did not reveal the name of the customer.

The business did not right away react to an ask for discuss the size of the offer or the name of the customer.

The offer comes at a time when India’s$283-billion IT sector is dealing with macroeconomic unpredictabilities, tariff-related threats and modifications in U.S. migration policy. India’s IT business will report their numbers for the September quarter beginning Thursday, and experts anticipate soft outcomes.

LTIMindtree had actually likewise revealed its now second-largest offer of $450 million in May, which sources stated was with U.S. agribusiness giant Archer-Daniels-Midland.

The business’s shares closed 3% greater on Monday, marking their most significant day-to-day dive in almost 5 months.

LTIMindtree stated it will contribute in the customer’s efforts “to streamline operations and modernise delivery models, incorporating automation, process optimisation, and vendor consolidation”

HFS Research CEO Phil Fersht stated mid-cap business such as LTIMindtree, Coforge and Mphasis are revealing momentum in big offer wins as “they’re faster and more flexible in shaping AI-led value propositions”

“While the large caps are still optimising legacy portfolios, these mid-caps are winning new logos and expanding into outcome-based, AI-powered deals,” he included.