LTIMindtree is in the news for its delayed salary hikes (pay raises) again. The company will now follow a different process. Venu Lambu, EO and MD, stated the same in a quarterly earnings call on October 16, 2025. He also discusses how AI is changing the IT industry. So, what is this new process? How will this affect the LTIMindtree’s employees? Does this have to do with the company’s finances? For all that, learn more.
Salary Hikes Split Into Two Parts
Instead of following the norm, meaning giving the raises at the same time, the company will split the process into two and cover their financial year 2025–26 (FY26).
- About 50% of LTIMindtree’s employees are set to receive their salary hikes starting January 1, 2026.
- The remaining 50% will get their hikes from April 1, 2026.
Ltimindtree’s Track Record With Delays
LTIMindtree has a reputation for delayed raises. This isn’t the first time:
- In FY24 (2023–24), the company delayed its usual April salary hikes to August.
- In FY25 (2024–25), the hikes came even later in the Q3 (October–December quarter).
- This FY26, the increments are being split into January and April 2026.
So, this pattern shows how salary hikes are pushed to later parts of every year.
The LTIMindtree’s Financials
The company is doing well in terms of revenue, and the numbers look like:
- In the July-September 2025 quarter, the company earned a net profit of ₹1,381 crore. It’s a 10.3% increase from INR 1,251 crore a year earlier.
- The company also crossed the INR ₹10,000 crore milestone for the first time.
- This quarter, LTIMindtree made a revenue of INR 10,394.3 crore.
- Last year, in the September 2024 quarter, the company made a revenue of INR 9,432.9 crore.
Many wonder why, despite its strong revenue performance, the company is delaying its salary hike.
What’s Happening in the Industry
Every IT company is going through some form of adjustments. For instance, TCS:
TCS (Tata Consultancy Services) is laying off 12,000 employees. This is happening due to some “skill mismatch.” The company is eliminating 2% of its workforce because it lacks the necessary AI-related skills.
What the CEO Said
While addressing the matter, Venu Lambu said that the “topic of wage hikes is evolving.”
He said:
- Big changes are happening for the company right now, especially in AI. According to the IT industry, LTIMindtree is at an “inflexion point.”
- He aims to help employees focus on acquiring new AI skills.
- He stated that the two-phase pay raise system will become the new standard within the company.
Shevaughn Pimenta
Leave a Reply