Updated April 23rd 2025, 18:07 IST
LTIMindtree Dividend 2025: LTIMindtree, an Indian IT services major, held its board meeting today and declared a dividend of Rs 45 per equity share along with Q4 results for the year ending on 31 March 2025.
"The Board of Directors have approved the audited standalone and consolidated financial results for the quarter & financial year ended March 31, 2025 and have taken note of the audit reports issued by M/s. Deloitte Haskins & Sells, Chartered Accountants LLP (Statutory Auditor), on the aforementioned financial results” as per the exchange filing.
Considering its financial performance, the Board of Directors of LTIMindtree has proposed a final dividend of Rs 45 per equity share of Rs 1 each for the financial year. The same is awaiting shareholder approval at the forthcoming Annual General Meeting (AGM).
“The Board of Directors have recommended a final dividend of Rs. 45/- per equity share of Re. 1 each, for approval of members at the ensuing Annual General Meeting (‘AGM’)” as per the exchange filing.
LTIMindtree has also declared the record date along with a dividend of Rs 45 for the year ending on 31 March 2025. The record date as well as the date of the AGM will be intimated in due course.
“Record Date for the purpose of determining members eligible to receive dividend and the date of AGM, shall be intimated in due course”, the exchange filing reads.
LTIMindtree also informed about the payout date along with the record date.
“Subject to approval of members, the final dividend will be paid within 30 days from the conclusion of the AGM,” the exchange filing reads.
LTIMindtree saw a 2.6% year-on-year rise in its fourth-quarter FY25 consolidated net profit to ₹1,128.5 crore. Sequentially, this represents a 3.9% rise from Rs 1,086.7 crore in Q3. The company's revenue for the quarter ended March 31, 2025, was at Rs 9,771.7 crore, which represents a 1.1% sequential growth and a 9.9% rise year-on-year.
For the whole fiscal year FY25, LTIMindtree's consolidated revenue increased by 7% to Rs 38,008 crore. The net profit for the year increased modestly by 0.4% year-on-year at Rs 4,602 crore. The company recorded a 5% constant currency revenue growth and an EBIT margin of 14.5% for the year.
Before the announcement of earnings, the shares of LTIMindtree saw a notable rise, more than 5% higher, closing at Rs 4,537.9 on the National Stock Exchange (NSE).
LTIMindtree's solid financial performance and the announced big dividend reflect the company's willingness to provide returns to its shareholders. Investors and stakeholders are eagerly waiting for additional information on the AGM as well as the dividend payment dates.
Published April 23rd 2025, 17:32 IST