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
-4.45%	-6.63%	-10.04%	-20.91%	-13.79%	-3.58%

LTIMindtree shares gained over 4% on Friday following the company's announcement of securing a landmark ₹3,000.00 crore contract from the Central Board of Direct Taxes (CBDT) for the Insight 2.0 project. The stock closed 4.40% higher at ₹6,295.00 per share, reflecting strong investor confidence in this major government contract win.

Stock Performance and Market Response

The market responded positively to the contract announcement, with shares climbing significantly during Friday's trading session. The stock has demonstrated strong performance this year, gaining 4.80% year-to-date, indicating sustained investor interest in the company's growth trajectory.

Stock Performance:	Details
Friday's Gain:	4.40%
Closing Price:	₹6,295.00
Year-to-Date Performance:	+4.80%
Market Response:	Positive investor sentiment

Project Specifications and Strategic Impact

The Insight 2.0 project represents a comprehensive seven-year mandate to develop an AI-powered analytics platform for modernizing India's national tax administration system. This initiative reinforces LTIMindtree's leadership position in enabling digital transformation through advanced digital architecture and data analytics capabilities, delivering real-time insights for policymakers.

Project Details:	Specifications
Contract Value:	₹3,000.00 crores
Project Name:	Insight 2.0
Contracting Authority:	Central Board of Direct Taxes (CBDT)
Duration:	7-year mandate
Technology Focus:	AI-powered tax analytics platform

Strong Q2 Earnings Foundation

The contract win comes on the back of LTIMindtree's impressive second-quarter performance reported in October. The company delivered stronger-than-expected earnings across key financial metrics, demonstrating robust operational execution and market positioning.

Q2 Financial Performance:	Results
Net Profit:	₹1,381.20 crores (+10.1% QoQ)
Revenue:	₹10,394.30 crores (+5.6% QoQ)
Operating Profit:	₹1,648.00 crores (+17.0% QoQ)
Operating Margin:	15.90% (vs 14.30% previous quarter)

Upcoming Financial Results

Investors will closely monitor LTIMindtree's December quarter results scheduled for release on Monday, January 19. The upcoming earnings announcement will provide insights into the company's continued growth momentum and operational performance following this significant contract award.

Company Profile and Market Position

LTIMindtree operates as a global technology consulting and digital solutions company, serving more than 700 clients worldwide with over 86,000 professionals across 40+ countries. As a Larsen & Toubro Group company, it specializes in solving complex business challenges through advanced digital architecture and data analytics solutions, particularly in government sector modernization initiatives.