LTIMindtree to Begin Salary Increments in Q4 FY26; 50% of Employees to be Covered

LTIMindtree will start its annual salary revision process in the fourth quarter of FY26. The company has stated that around 50% of its employees will be covered in the first phase, as per PTI reports. The remaining workforce will be considered in the following quarter. 

Increments to Be Split 

The wage hikes will be implemented over 2 quarters, Q4 FY26 and Q1 FY27. "In terms of the wage hike timeline... we will be starting the wage hikes from Q4. But instead of doing it in one go, we'll probably spread it out over a couple of quarters... We will be taking up wage hike for about 50% of our population in Q4," LTIMindtree CFO Vipul Chandra stated during the company's Q3 earnings call. 

Plan Outlined Earlier 

The split increment structure was outlined earlier in FY26. Chief Executive Officer and Managing Director Venu Lambuhad said the first tranche of salary increases would take effect from January, followed by a second tranche from April. The company had indicated that this structure would be followed to manage costs during the year. 

Measures to Manage Costs 

LTIMindtree has said it plans to offset the cost of salary increases through internal efficiency measures. These efforts fall under its “New Horizon” programme, which focuses on operational changes across the company. No specific financial targets linked to these measures have been disclosed. 

Workforce Details 

As of December 31, 2025, LTIMindtree’s total headcount stood at 87,958 employees. During the third quarter, the company recorded a net addition of 1,511 employees. It also onboarded 1,736 freshers during the same period. The 12-month attrition rate declined to 13.8%, compared with 14.2% in the previous quarter. 

LTIMindtree Q3FY26 Earnings Results  

For the October-December quarter of FY26, consolidated net profit fell 10.5% year-on-year to ₹970.6 crore. The decline was mainly due to a one-time provision of ₹590 crore related to the implementation of new labour codes announced by the government in November 2025. 

Revenue from operations increased 11.6% to ₹10,781 crore, compared with ₹9,661 crore in the corresponding quarter last year. 

LTIMindtree Share Price Performance  

As of January 22, 2026, 10:18 am, LTIMindtree share price was trading at ₹5,981, a 2.34% increase from the previous closing price. 

Read More: LTIMindtree Share Price Rises 4%; Wins ₹3,000 Crore CBDT Insight 2.0 Project! 

Conclusion 

The company’s wage revision cycle will be carried out over two quarters, alongside ongoing efforts to manage employee costs and account for one-time regulatory-related expenses during FY26. 

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