LTIMindtree Partners with PHINIA for IT Transformation and Innovation

PHINIA Inc, a global leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced a strategic partnership with LTIMindtree. Through this collaboration, LTIMindtree will provide seamless IT infrastructure support while enhancing application maintenance and development services for PHINIA.

AI-Driven IT Modernisation for Operational Efficiency

As part of the partnership, LTIMindtree will integrate artificial intelligence (AI) and automation tools to help PHINIA manage operational risks, reduce application complexity, and improve business agility. The initiative aims to optimise PHINIA’s IT infrastructure, making it more efficient and adaptive to industry advancements.

Commitment to Streamlining Business Processes

Rajesh Sundaram, EVP & Chief Business Officer at LTIMindtree, expressed enthusiasm about the collaboration, stating, “We are excited to partner with PHINIA in their transformation journey. We understand the nuances and complexities of the various segments in which PHINIA operates. As key enablers in their IT modernisation efforts, we are committed to streamlining business processes and simplifying outcomes for the end customers.”

Stock Performance 

On April 03, 2025, LTIMindtree share price traded 3.91% higher at ₹4,324.05 at 12:41 PM (IST). LTIMindtree share price reached a 52-week high of ₹6,764.80, and a 52-week low of ₹4,240.00. As per BSE, the total traded volume for the stock stood at 9,280 shares with a turnover of ₹4.05 crores.

According to exchange data, LTIMindtree shares are trading at a price-to-earnings (P/E) ratio of 28.72x, based on its trailing 12-month earnings per share (EPS) of ₹150.58, and a price-to-book (P/B) ratio of 6.32.

Conclusion 

This partnership between PHINIA and LTIMindtree marks a significant step toward IT modernisation through AI and automation.

By optimising infrastructure and streamlining operations, the collaboration aims to enhance efficiency, agility, and customer experience, ensuring PHINIA remains at the forefront of innovation in fuel systems and electrical solutions.

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