LTM (formerly LTI Mindtree Limited) reported a consolidated net profit after tax of ₹1,397.9 crore for the second quarter of the financial year 2026-27, marking a 4.6% decline from ₹1,466.3 crore in the previous quarter, according to livemint.com. The company also announced an interim dividend of ₹25 per share, which is 2500% of the stock’s face value of Re 1 each.
The board of LTM declared the interim dividend for FY27 and set the record date as Friday, October 23, 2026. Shareholders registered by this date will be eligible for the payout, which will be executed within 30 days of the declaration. The company’s share price ended higher on the day of the announcement as investors awaited the quarterly results, per livemint.com.
LTM’s marginal decline in net profit contrasts with its stable performance in the corresponding quarter last year, when it posted ₹1,401.1 crore. The dividend payout reflects the company’s commitment to returning value to shareholders amid a challenging quarter. This announcement follows a trend of IT services firms balancing growth and shareholder returns in a competitive market, as noted by livemint.com.
The interim dividend payout will be made to shareholders whose names appear in the Register of Members or the list of Beneficial Owners provided by the Depositories as of October 23, 2026, with the payment scheduled within 30 days of the declaration, according to the BSE filing referenced by livemint.com.