LTIMindtree has announced that the record date for the FY25 dividend amount has been fixed on May 23. The dividend payout is expected within 10 days from the record date.
In an exchange disclosure, the company said that the Board of Directors of the company has approved dividends of Rs 45 per equity share for the eligible shareholders. Last year, the company also paid a dividend of Rs 45 per share. It has been consistently paying dividends for its shareholders since 2017. The first dividend paid by the company was Rs 9.70 per equity share.
How was LTIMindtree’s Q4 FY25 performance
LTIMindtree posted a profit of Rs 1128.5 crore in the fourth quarter of FY25. The company posted a Rs 28.6 crore yoy increase in its profit for the quarter. The company reported a total revenue of Rs 9771.7 crore in the Quarter, a 10 percent yoy increase.
LTIMindtree share movement
LTIMindtree announced its Q4 results on April 23, and it had a positive effect on the share price. The company’s stock opened at Rs 4400 on the day and closed at Rs 4536. Since then, the share price has been on a steady rise, although had minor bumps as well.
On Monday, May 5, LTIMindtree’s share opened at Rs 4599.9 and closed at Rs 4628, up by 1.05 percent. LTIMindtree’s share touched the month’s high on May 2 when it reached 4715