LTIMindtree Declares ₹1,129 Crore Net Profit and ₹45 Final Dividend in Q4 FY25. Dividend payable post-AGM, benefiting shareholders.
LTIMindtree Q4 Result: IT sector major LTIMindtree has presented a significant gift to investors with its fourth-quarter results of fiscal year 2024-25. On April 23rd, the company announced a final dividend of ₹45 per share (₹1 face value) while declaring its quarterly results. This dividend will be issued after shareholder approval at the company's upcoming Annual General Meeting (AGM). Payment will be made within 30 days of the AGM; however, the company has not yet announced the record date or the AGM date.
LTIMindtree's Q4 Results
LTIMindtree recorded a consolidated net profit of ₹1,129 crore in the March quarter, a 2% increase compared to the same quarter last year. Simultaneously, the company's Revenue from Operations grew by 10%, reaching ₹9,772 crore. On a quarter-on-quarter (QoQ) basis, the company's profit increased by 4%, while earnings rose by 1%.
Dividend Announcement and a Positive Outlook for Investors
The announcement of LTIMindtree's final dividend this year has generated significant positive sentiment among investors. The ₹45 per share dividend is particularly noteworthy given the current pressure on the IT sector. LTIMindtree's b results and substantial dividend provide considerable relief to investors.
The company has stated that the AGM date and record date will be announced soon, allowing investors to benefit from the dividend. LTIMindtree has consistently demonstrated a commitment to providing b returns for its investors, and this dividend represents another step in that direction.
Should Investors Invest in LTIMindtree?
LTIMindtree's performance this quarter has been impressive. The company has delivered b returns to its investors despite current challenges, showcasing growth in profits and revenue. The company may prove to be an attractive option for investors in the future, especially considering the dividend payout.
