LTIMindtree Declares Dividend of ₹22.00 Per Share

LTI Mindtree Limited has announced a dividend payment of ₹22.00 per share for its shareholders. This dividend declaration reflects the IT services company's commitment to returning value to its investor base through direct cash distributions.

Dividend Details

The company has formally declared the dividend amount, which will benefit all eligible shareholders as per the record date and other terms that will be specified by the company.

Parameter:	Details
Dividend Amount:	₹22.00 per share
Company:	LTIMindtree Limited
Sector:	IT Services

Shareholder Impact

This dividend announcement demonstrates LTIMindtree's financial stability and its focus on sharing profits with shareholders. The ₹22.00 per share payout represents a significant return for investors holding the company's stock.

Shareholders who are eligible as per the record date will receive this dividend payment directly to their registered bank accounts or through dividend warrants, depending on their chosen mode of payment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.57%	+6.13%	+3.07%	+20.27%	+7.16%	+59.82%

LTIMindtree reported mixed Q3FY26 results with net profit falling 11% year-on-year to ₹971 crore, significantly impacted by new labour code implementation, while revenue demonstrated strong growth of 12% YoY to ₹10,781 crore. The IT services company showed robust operational performance with improved margins and client metrics, though profitability was substantially affected by regulatory compliance costs totaling ₹590 crore.

Financial Performance Overview

The company's financial results revealed a clear impact from regulatory changes on profitability despite strong operational execution. Excluding the one-time labour code impact, the adjusted PAT would have stood at ₹1,401 crore, representing a 29% YoY growth and 1.5% QoQ increase.

Financial Metrics:	Q3FY26	Q3FY25	YoY Change	Q2FY26	QoQ Change
Revenue:	₹10,781 cr	₹9,661 cr	+12.0%	₹10,394 cr	+3.7%
PAT (Reported):	₹971 cr	₹1,085 cr	-11.0%	₹1,381 cr	-29.7%
PAT (Adjusted):	₹1,401 cr	₹1,085 cr	+29.0%	₹1,381 cr	+1.5%
EBIT:	₹1,737 cr	₹1,326 cr	+31.0%	₹1,648 cr	+5.4%
EBIT Margin:	16.10%	-	-	15.90%	+20 bps

Revenue Growth and Dollar Performance

LTIMindtree delivered solid revenue performance across currencies with USD revenue reaching $1,208 million, up 2.4% QoQ and 6.1% YoY. The constant currency revenue growth stood at 2.4% QoQ and 5.2% YoY, demonstrating consistent business momentum despite market challenges.

Revenue Performance:	Q3FY26	Growth Metrics
USD Revenue:	$1,208 million	+2.4% QoQ, +6.1% YoY
Constant Currency Growth:	-	+2.4% QoQ, +5.2% YoY
USD Net Profit:	$157 million	+0.1% QoQ, +22.6% YoY

Labour Code Impact Analysis

The implementation of new labour codes by the Government of India created a substantial one-time charge that significantly affected the company's profitability metrics. This regulatory compliance cost impacted both EBIT and net profit levels substantially.

Labour Code Impact:	Amount	Impact Level
Total Impact:	₹590 crore	EBIT Level
Adjusted vs Reported PAT:	₹430 crore difference	Net Profit Level
Sequential Decline:	-29.7%	Q2 to Q3 comparison

Client Portfolio and Operational Metrics

The company maintained strong client relationships with 746 active clients and demonstrated growth across higher-value client segments. The employee base expanded to 87,958 professionals with a net addition of 1,511 during the quarter.

Client Metrics:	Q3FY26	YoY Growth
Active Clients:	746	-
$5M+ Clients:	162	+10
$10M+ Clients:	97	+7
$20M+ Clients:	47	+8
Employee Base:	87,958	+1,511 QoQ
Attrition (TTM):	13.80%	-
Utilization:	86.90%	-

Management Outlook

CEO and Managing Director Venu Lambu emphasized the company's strategic progress, stating that the strong Q3FY26 performance reflects the impact of strategic AI pivot, continued success in large deals, and operational excellence. He highlighted this as the third consecutive quarter of 2%+ growth, demonstrating disciplined execution and deep tech-domain expertise with differentiated AI-led offerings.