Appointment of Secretarial Auditor
Awaiting price reaction for this filing.
LTIMindtree's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditor Deloitte Haskins & Sells issuing an unmodified (clean) opinion. Consolidated revenue from operations for FY25 stood at Rs. 380,081 million versus Rs. 355,170 million in FY24, while net profit rose modestly to Rs. 46,020 million from Rs. 45,846 million. Q4 FY25 revenue came in at Rs. 97,717 million with net profit of Rs. 11,286 million and basic EPS of Rs. 38.10. The Board recommended a final dividend of Rs. 45 per equity share, subject to shareholder approval at the upcoming AGM. M/s. Alwyn Jay & Co., Practising Company Secretaries, was also appointed as Secretarial Auditor for a five-year term covering FY26 to FY30.
Clean audit opinion and steady revenue growth are mildly positive signals for shareholders, though profit growth was marginal year-on-year. The Rs. 45 final dividend is a tangible return for investors. Appointment of a new secretarial auditor is a routine compliance matter with no material effect on the stock.