LTIMindtree declares Rs 20/share interim dividend, sets October 25 as record date

IT major LTIMindtree on Thursday announced an interim dividend of Rs 20 per equity share for equity shareholders and has set October 25 as the record date for the issue.

The company made the announcement along with its Q2FY25 earnings and said the interim dividend would be paid within 30 days.

LTIMindtree on Thursday reported 8% year-on-year growth in its consolidated net profit to Rs 1,251 crore in the quarter ended September 2024. Revenue from operations in the reporting period rose 6% year-on-year to Rs 9,433 crore.


In dollar terms, revenues for the quarter stood at $1.1 billion, showing a growth of 5% year-on-year and 3% quarter-on-quarter.

The company expects continued deal momentum in key verticals and significant Q2 hiring, including freshers, positioning it well for the latter half of the fiscal.

"Q2 was a good quarter marked by broad-based sequential growth experienced across all our verticals and geos, helping us register a dollar growth of 2.8%. We had several multi-year deal closures, including a $200 million+ deal," said Debashis Chatterjee, CEO and MD, LTIMindtree.