LTIMindtree wins Rs 3,000-crore CBDT order

IT services company LTIMindtree has won Rs 3,000-crore order from Central Board of Direct Taxes (CBDT).

It has been awarded the Insight 2.0 project to build an AI‑powered program for the modernisation of India’s national tax analytics platform.

The company said this seven-year mandate reinforces its leadership in enabling digital transformation leveraging advanced digital architecture and data analytics to deliver real-time insights for policymakers.

Following this announcement, the company's shares jumped 5 per cent and touched Rs 6,351 on the BSE on Friday afternoon.

The company will reports its Q3 earnings on January 19.

In the September quarter, the IT services firm posted a 12 per cent increase in its consolidated net profit to Rs 1,401 crore, compared to Rs 1,251 crore in the same quarter last year.