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24 Apr 2026
LTM Limited has announced its audited consolidated financial results for FY26, delivering strong revenue growth and improved profitability. The company reported comprehensive financial performance alongside significant board appointments and regulatory compliance updates.
Financial Performance Overview
The company demonstrated robust year-on-year growth across key financial metrics for FY26. Operating EBIT margin expanded to 15.4%, representing a 90 basis points improvement compared to the previous year.
Financial Metric: FY26 FY25 YoY Change Consolidated Revenue: ₹4,23,076 million ₹3,80,081 million +11.3% Operating EBIT: ₹65,011 million ₹55,034 million +18.1% EBIT Margin: 15.4% 14.5% +90 bps Net Profit: ₹49,827 million ₹46,020 million +8.3% Adjusted Net Profit*: ₹53,779 million ₹46,020 million +16.9%
*Excluding exceptional items
Quarterly Performance Highlights
For Q4 FY26, the company reported revenue of ₹1,12,917 million, representing a 4.7% quarter-on-quarter increase and 15.6% year-on-year growth. Net profit for the quarter stood at ₹13,873 million, while adjusted net profit reached ₹13,407 million excluding exceptional items.
The EBIT margin for Q4 FY26 was recorded at 15.1%, declining 97 basis points from the previous quarter's 16.11%. This operational efficiency moderation was attributed to reassessment of assumptions related to New Labour Codes, resulting in a reversal of ₹622 million during the quarter.
Board Appointments and Governance
The Board of Directors made significant appointments during their meeting held on April 23, 2026. The Board appointed Mr. Vipul Chandra as Additional Director designated as Whole-time Director and Chief Financial Officer for a period of four years effective from April 23, 2026, subject to shareholder approval.
Appointment Details: Information Director Name: Mr. Vipul Chandra DIN: 06692474 Position: Whole-time Director & CFO Term: 4 years (April 23, 2026 to April 22, 2030) Status: Subject to shareholder approval
Additionally, the Board recommended the re-appointment of Mr. James Abraham (DIN: 02559000) as Independent Director for a second term of five years from July 18, 2026, to July 17, 2031, subject to shareholder approval.
Business Performance and Dividend
The company achieved order inflow of $6.60 billion for FY26, representing a 10.3% year-on-year increase. Total employee count stood at 87,950, with a net addition of 3,643 employees during the year. TTM attrition improved to 13.3%, while utilization excluding trainees was recorded at 87.2% for the full year.
The Board recommended a final dividend of ₹53 per equity share of par value ₹1 each for FY26. The company also completed its legal entity name change from LTIMindtree Limited to LTM Limited effective March 17, 2026, following 99.99% shareholder approval.
LTI Mindtree has announced a final dividend proposal that will be presented to shareholders for approval at the upcoming Annual General Meeting. The IT services company is seeking approval for a substantial dividend distribution to reward its equity shareholders.
Dividend Proposal Details
The company has proposed a final dividend of ₹53 per equity share, which will require formal approval from shareholders at the AGM. This dividend proposal demonstrates the company's focus on returning value to its investor base through direct cash distributions.
Parameter: Details Dividend Amount: ₹53 per equity share Dividend Type: Final dividend Approval Required: Annual General Meeting Status: Pending shareholder approval
Shareholder Value Distribution
The proposed dividend reflects LTIMindtree's commitment to sharing its financial performance with equity shareholders. Final dividends typically represent a significant portion of a company's annual profit distribution and are subject to shareholder approval at the AGM.
Next Steps
Shareholders will have the opportunity to vote on this dividend proposal during the Annual General Meeting. Upon approval, the company will proceed with the dividend distribution process to eligible equity shareholders as per the record date that will be announced subsequently.
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