Shares of LTIMindtree Ltd are trading flat after touching a day’s high of Rs 4,655 on 26th February. Meanwhile, the company announced a collaboration with NVIDIA to modernise India’s national tax analytics platform. This is under the Central Board of Direct Taxes’ (CBDT) Insight 2.0 initiative.

In an exchange filing on 26th February, the company said it will execute a seven-year mandate to strengthen tax administration. This will use scalable AI and advanced analytics.

Under the CBDT’s Insight 2.0 programme, LTIMindtree — which plans to rebrand as LTM subject to shareholder approval — will deploy a secure cloud platform powered by NVIDIA AI infrastructure. As a result, this will streamline workloads and deliver real-time insights.

The company said its BlueVerse platform will serve as the intelligence backbone, enabling AI integration across the tax system. The upgrade will include a smart citizen portal, automated campaign management, improved case workflows and AI-driven helpdesk support.

LTIMindtree added that the initiative aims to enhance governance, improve compliance and provide a seamless citizen interface.

For the December quarter, the company reported net profit of Rs 959.6 crore. This figure reflects a one-time impact from the new labour codes. Revenue stood at Rs 10,781 crore, with EBIT at Rs 1,737 crore. Moreover, the margin improved to 16.1% from 15.9% in the previous quarter.

At 12:08 PM, shares of LTIMindtree were trading 0.43% lower at Rs 4,539.50 on the NSE.

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