LTM Ltd, based in Mumbai, aims to double its revenue to nearly $10 billion by FY31, a year earlier than initially planned. The company ended FY26 with $4.76 billion in revenue, marking a 6% increase, largely driven by growth in the manufacturing and resources sectors. To achieve its ambitious revenue target, LTM will focus on securing large deals and enhancing its offerings in artificial intelligence (AI). However, the company faces challenges from rising automation tools and geopolitical uncertainties that may lead clients to reduce technology spending or renegotiate contracts. LTM's parent company, Larsen & Toubro (L&T), has set a new five-year plan aiming for 12-15% compounded annual growth, translating to ₹5.8 trillion (approximately $70 billion) in revenue by FY31. In a notable move, LTM has become the first mid-sized IT firm in India to place AI oversight at the board level, ensuring compliance with regulations and best practices. The company's management emphasizes a strategic pivot towards becoming an AI-centric organization, with a focus on disciplined planning and financial monitoring to mitigate risks associated with project commitments and cost management.