LTIMindtree has outlined its wage increase strategy for the upcoming quarters, with CFO Vipul Chandra providing details on the timing and scope of salary hikes planned for the workforce. The announcement covers a phased approach to employee compensation adjustments spanning two consecutive quarters.

Wage Increase Timeline and Coverage

The company has structured its wage increase program across Q4 FY26 and Q1 FY27, with a significant portion of employees set to benefit from the salary adjustments. The phased implementation reflects a strategic approach to managing workforce compensation while maintaining operational efficiency.

Financial Impact Assessment

The wage increases are expected to have a measurable impact on the company's operational costs. CFO Vipul Chandra has provided specific guidance on the anticipated cost implications, offering transparency on the financial effects of these compensation adjustments.

Mitigation Strategy Through New Horizons Program

LTIMindtree plans to offset the increased wage costs through operational improvements generated by its "New Horizons" program. This strategic initiative is designed to deliver efficiencies that will help neutralize the financial impact of the salary increases, demonstrating the company's commitment to maintaining profitability while investing in employee compensation.

The company's approach reflects a balanced strategy of investing in human capital while implementing operational improvements to maintain cost competitiveness. The New Horizons program serves as a key component in this dual approach, providing the operational leverage needed to support enhanced employee compensation without compromising financial performance.

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.

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.