LTIMindtree stock shifts wage hikes toward AI reskilling

On Thursday, November 5, 2026, LTIMindtree announced that annual pay increases would be split between January and April rather than granted in one cycle. The Economic Times reported that the policy is tied to artificial-intelligence reskilling and reflects changing client demand across the technology-services industry.

Pay cycle follows AI transition

Chief Executive Officer Venu Lambu said half of employees would receive increases effective January 1 and the remainder on April 1. He ruled out retrenchment or a workforce restructuring linked to the change, while saying the company was using training to keep pace with faster AI adoption and customer pressure on pricing.

Management said revenue growth had become less dependent on adding employees. The company added 2,500 fresh graduates through training programs, while its employee count reached 86,447 at the end of September.

Growth priorities move forward

LTIMindtree reported second-quarter net income of 1,381 crore rupees, up 10.4 percent year over year, on revenue of 10,394 crore rupees, up 10.2 percent. Management expects the second half to be slightly better than the first and is preparing a five-year growth strategy that it said could be announced in December.

India's broader technology market is tracked through the BSE Sensex.

Company profile and competition

LTM Limited, formerly LTIMindtree Limited, is a global technology consulting and digital-solutions company. It helps enterprises across industries redesign business models, accelerate innovation and use digital technologies to support growth. The company is headquartered in Mumbai, India.