Bengaluru, July 17 -- LTIMindtree Ltd began the new fiscal year on solid footing, reporting revenue growth in line with expectations, led largely by clients in Europe and the retail segment.

India's sixth-largest IT services company on Thursday reported $1.15 billion in revenue for the June-ended quarter (Q1FY26), a 1.97% sequential rise. This matched the consensus estimate from a Bloomberg poll of 31 analysts.

Nearly three-fourths of its incremental revenue of $22 million came from clients based in Europe, which contributed $170 million in revenue. Retailers, grouped under the 'consumer' vertical, contributed the most to incremental revenue, with the segment bringing in $168 million, or 14.6% of overall revenue.

Management expressed o...