How Did LTIMindtree's Q2 Profit Surge by 10% to Rs 1,381 Crore and Announce a Rs 22 Dividend?

Synopsis
Key Takeaways
- Net Profit: Rs 1,381.2 crore, up 10% YoY.
- Interim Dividend: Rs 22 per share.
- Revenue: Rs 10,694.7 crore, reflecting a 9% YoY increase.
- Active Clients: 749 as of September 30.
- Employee Growth: 2,558 new hires in Q2 FY26.
Mumbai, Oct 16 (NationPress) - The IT firm LTIMindtree disclosed that its net profit for the second quarter of the ongoing fiscal year (Q2 FY26) reached Rs 1,381.2 crore, marking a 10 percent increase compared to the same quarter last year, according to an exchange filing.
In Q2 FY25, the company had reported a net profit of Rs 1,251.6 crore. Additionally, the profit also saw a 10 percent rise quarter-on-quarter (QoQ) from Rs 1,254.6 crore.
For the quarter, the company's operational revenue was Rs 10,694.7 crore, representing more than a 9 percent year-on-year growth from Rs 9,731.8 crore and nearly a 5 percent increase QoQ from Rs 10,232.7 crore.
Moreover, the multinational IT service provider declared an interim dividend of Rs 22 per share for its investors, with the record date set for October 24.
The exchange filing noted, "The board has sanctioned an interim dividend of Rs 22 per equity share. This interim dividend will be distributed within 30 days following the declaration to shareholders listed in the register of members or in the beneficial owners list provided by the depositories as of Friday, October 24, 2025, the designated 'Record Date' for this purpose."
As of September 30, the company reported having 749 active clients and a workforce of 86,447 professionals. Additionally, 2,558 employees were added in Q2 FY26.
During this quarter, LTIMindtree secured a significant deal with a major global media and entertainment company to facilitate its digital transformation and establish an AI-focused delivery model.
“Q2 FY26 has proven to be a robust quarter for us, characterized by comprehensive performance across our operations. We achieved our second consecutive quarter of growth with margin enhancements exceeding expectations. Our commitment to evolving into an AI-centric organization, utilizing our Blue Verse ecosystem, remains steadfast,” stated Venu Lambu, the Chief Executive Officer and Managing Director of LTIMindtree.
He further added, “Our strategy is progressing as planned, and our outcomes reflect meticulous execution, the strength of our client relationships, and notable advances in our ongoing transformation.”