Amid AI push, LTM ramps up fresher hiring by 40%

▤ Summary

LTM increased fresher hiring by 40% in FY26, onboarding more than 6,700 new graduates to strengthen its talent pipeline. The company deployed over 1,500 AI agents internally to boost productivity and scale operational efficiency while adopting a calibrated salary-hike approach amid macro uncertainty. Subcontracting costs rose to Rs 3,236.9 crore driven by higher subcontractor headcount and overseas cost increases from rupee depreciation. Headcount trends varied by region: US and Europe saw slight declines in permanent employees alongside rising subcontractor numbers, while India increased both permanent staff and subcontractors, taking total permanent employees (excluding subsidiaries) to 87,950 as of March 31, 2026.

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