LTIMindtree, the sixth-largest IT services firm in India, has secured a Rs. According to reports, a seven-year contract worth 3,000 crore has been awarded by the Central Board of Direct Taxes (CBDT) to enhance its analytics platform using AI.

This comes after the service provider's biggest agreement in October of the previous year, when it secured a $580 million contract with a 'prominent global media and entertainment firm,' as well as a $450 million, multi-year contract in May 2025 with the US-based Archer-Daniels-Midland Company, a key agribusiness entity.

Stocks of the company based in Mumbai increased by 5 percent to Rs. 6,337 at midday on Friday on the BSE. The declaration was made while the market was open.

Additional information about the project is expected to be announced on Monday, January 19, during the earnings call for its FY26 results.

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The increase in the company's substantial deal victories is anticipated to support growth, as brokerages predict its revenues to grow by 2.2 percent to 2.4 percent sequentially in the December quarter.

The company's net profit increased by 12 percent year-over-year in the last quarter, reaching Rs. Rs 1,401 crore, as its revenues increased by 10 percent to Rs. Rs 10,394 crore, exceeding market predictions.

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LTIMindtree is a worldwide IT consulting and digital solutions firm, created through the merger of LTI and Mindtree, and operates as a subsidiary of Larsen & Toubro (L&T). They assist companies in transforming through technologies such as cloud computing, AI, data analytics, and cybersecurity to rethink models, innovate, and expand, catering to sectors ranging from banking to manufacturing with a vast, worldwide workforce.

Infinity platform offers a comprehensive set of contemporary engineering tools and processes that assist clients in evaluating and managing their cloud lifecycle, enabling them to formulate an effective cloud migration strategy and enhance agility to speed up their cloud adoption and transformation journey.

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The platform features efficiency kits that provide plug-and-play functionality, accommodating diverse tools within the enterprise ecosystem.

Their intelligence and simulation engine rely on a centralized knowledge repository created through application telemetry and monitoring throughout the value chain, facilitating multi-cloud management and governance. The platform additionally unites various essential elements throughout the cloud lifecycle to achieve enhanced results.