Message from the CEO and
MD and CEO (Designate)

VENU LAMBU

CEO (Designate)

DEBASHIS CHATTERJEE

CEO and Managing Director

DEAR SHAREHOLDERS,
As we turn the pages on what has been a transformative year for LTIMindtree, we wanted to take a moment to share the incredible journey we have embarked on together — a journey that resonates with our theme for this year: Infinite Possibilities.

The business landscape is rapidly evolving, shaped by powerful forces such as technological advancements, shifting market dynamics, and the unprecedented wave of artificial intelligence.

Amidst this seismic shift, LTIMindtree stands as a beacon of resilience and innovation, navigating these changes with a firm dedication to excellence and an unwavering focus on generating consistent profitable growth. This Integrated Annual Report encapsulates our strategic vision, illustrating how our continuous commitment to growth and transformation will propel us toward our ambitious goal of achieving USD 10 Billion in revenue.

The Power of AI: Embracing Change

The world is not just changing — it is transforming at an unprecedented pace. Over the past couple of years, a new kind of intelligence has already begun reshaping industries and human experiences in ways once unimaginable. From AI-powered solutions that enhance decision-making and automate processes to IoT and blockchain technologies that drive smarter, more efficient systems, human ingenuity is now exponentially elevated by artificial intelligence.

At LTIMindtree, we have not only adapted to but embraced this change and are leveraging it as an opportunity to unlock infinite possibilities. With AI and innovation at the heart of our pursuit, we have established a strategic framework based on three indispensable pillars: our Strong Foundation, built on industry leadership and deep capabilities; the Strategic Pivot we have embraced; and our Turbocharged Portfolio. These pillars reinforce our capacity to seize opportunities, redefine standards across industries, and empower our clients in an increasingly challenging environment.

Our Strategic Pillars

  1. Building a Strong Foundation

    A robust foundation is critical to ensuring our long-term success. LTIMindtree is proud to hold a leadership position across several key industries, including BFSI and Technology. Our extensive portfolio of over 100 Fortune 500 clients underscores our commitment to delivering unparalleled value consistently.

    Our deep capabilities across Data & Analytics, User Experience, Core Services, and Cloud enable us to provide strategic guidance and execution excellence.

    Additionally, our partnerships with leading hyperscalers and core platforms create a dynamic ecosystem that bolsters our innovation trajectory. This foundation empowers us to respond swiftly to market changes and client needs, ensuring that we remain a trusted partner for their digital transformation initiatives.

“With our LTIMOne framework...laying the groundwork, we have now entered the investing phase of leading the charge. This pivotal phase enables us to scale our client portfolio, enhance
AI-driven capabilities, nurture future-ready talent, and pursue strategic acquisitions, all while propelling us toward our bold ambition of achieving USD 10 Billion in revenue.”

  1. A Bold Strategic Pivot

    At the heart of our growth strategy is a strategic pivot to an AI-first approach. This transformative approach, which emphasizes ‘AI in Everything’, ‘Everything for AI’, and ‘AI for Everyone’, marks a significant shift in how we engage with technology.

    • AI in Everything

      We are embedding AI across our full range of services and solutions. This transformation signifies a shift where AI becomes foundational to how we execute, innovate, and serve our clients. By integrating AI into every process, we are not just enhancing efficiency; we are reimagining our business architecture.

    • Everything for AI

      Our commitment extends to enabling our clients to deploy AI at scale. Through collaborative efforts, we are addressing their critical challenges, unlocking new growth opportunities, and empowering them to harness AI’s expansive capabilities effectively.

    • AI for Everyone

      Our aim is to enhance productivity across the organizational spectrum, empower employees, and humanize AI. Our efforts have ensured Company-wide completion of foundational AI training through our internal edutech platform, Garuda, and deployment of advanced skill-building programs focused on specializations tailored to customer needs.

In FY25, we experienced positive outcomes from this pivot, both in terms of the value delivered to our clients and the impact on our Generative AI-based deals and pipeline. We remain committed to investing in developing our AI intellectual properties, as well as vertical and horizontal solutions.

  1. Turbocharged Portfolio: Harnessing Opportunities

    To capitalize on emerging opportunities, we have designed a Turbocharged Portfolio that aims to expand our market footprint and position LTIMindtree as a leader across key industries.

    Our focus on innovation allows us to set new benchmarks within BFSI and Technology sectors while accelerating our presence in Manufacturing, Resources (Energy and Utilities), Healthcare, Life Sciences, Media, Communications, and Consumer Business (Retail, Consumer Goods, Travel, Transport, Hospitality) through strategic investments and initiatives.

    In Services, we aim to dominate through Innovation (Data, Digital Engineering, and Quality Engineering) alongside Core areas (Enterprise Applications like SAP, Oracle, Cloud Apps, and Industry Core). Simultaneously, we are accelerating growth in Experience and Commerce (Interactive and Low-Code) solutions, as well as strengthening the Foundation (Cloud, Infra, and Security) services.

    Complementing this is our focus on strategic acquisitions, allowing us to strengthen capabilities, access new markets, and enhance our value proposition. In FY25, we announced a partnership and strategic investment in Voicing.AI, an advanced Agentic AI solution for customer engagement processes. These processes are critical for clients to not only service their customers for products sold but also enhance their sales effectiveness. LTIMindtree, in partnership with Voicing. AI’s Agentic AI, intends to disrupt this market and provide significant cost savings to clients in addition to a superior experience.

Recognizing our Talent and Achievements

At LTIMindtree, our employees are the cornerstone of our success. We pride ourselves on our people-centric culture, which enables us to create an environment where every individual can thrive and contribute to our shared vision. As our organization grows to more than 88,000 employees globally, the recognition and achievements we have garnered throughout the year are a testament to their talent, dedication, and diverse perspectives that drive us forward.

In FY25, we received multiple prestigious accolades highlighting our commitment to inclusivity, diversity, and excellence. Notably, we were honored as the Second Runner-Up at the 2024 UN Women India WEPs (Women’s Empowerment Principles) Awards in the Workplace category, reflecting our efforts to foster gender equality and empower women in the workplace. We also secured Gold in the Excellence in Diversity and Inclusion category at the Businessworld People HR Excellence Awards, reinforcing our ongoing efforts to build an inclusive culture.

Further celebrating our commitment to inclusivity, we were ranked among the Top 3 for Best Employer for Persons with Disabilities at the ASSOCHAM 5th Diversity & Inclusion Excellence Awards. At the Bombay Chamber DEI Awards 2024, we triumphed in the Disability Confidence and Inclusion category, and we were recognized as one of the Top 50 Best Companies for Women in India, as well as one of the Top 20 Best IT Companies for Women by the 2024 Avtar & Seramount Best Companies for Women in India list.

Our inclusivity efforts extend to the LGBTQ+ community, where LTIMindtree was recognized as a Silver Employer for our commitment to equality by the India Workplace Equality Index (IWEI) at the India Workplace Equity Index Awards in November 2024. Additionally, we have been recognized for our excellence in talent management and collaborative learning, winning awards at the Brandon Hall Group™ HCM Excellence Awards 2024 and the ETHRWorld Future Skills Awards 2024.

Charting a Course for an Infinite Future, Together

As we reflect on a year of transformation and growth, LTIMindtree stands poised at the threshold of an exciting future brimming with infinite possibilities. With our LTIMOne framework – focusing on Culture, Go-to-Market strategy, Capabilities, and Profitable Growth – laying the groundwork, we have now entered the investing phase of leading the charge. This pivotal phase enables us to scale our client portfolio, enhance AI-driven capabilities, nurture future-ready talent, and pursue strategic acquisitions, all while propelling us toward our bold ambition of achieving USD 10 Billion in revenue.

Our employees are the true architects of this vision. Their relentless pursuit of excellence, combined with their passion for innovation, ensures that LTIMindtree remains not only a place of growth and opportunity but also a hub of creativity, problem-solving, and forward-thinking. By investing in advanced training programs in AI, data analytics, and leadership, we are setting the stage for a future where our talent remains the key driver of our success.

Thank you for your continued partnership and belief in LTIMindtree’s vision. We look forward to realizing this extraordinary future — together.

Regards,

DEBASHIS CHATTERJEE

CEO and Managing Director

VENU LAMBU

CEO (Designate)