Noida, Apr 23 (APAC Media): L&T Technology Services Limited (LTTS) reported steady financial performance for the quarter and year ended March 31, 2026, driven by growth in revenue, profitability and strong deal wins across key verticals.
The company reported a net profit of Rs 347 crore, marking a 23.6 per cent year-on-year increase. USD revenue stood at $306 million, while EBIT margin improved to 15.2 per cent.
LTTS posted FY26 revenue of Rs 10,996 crore, up 14 per cent year-on-year, with USD revenue at $1,233 million, a growth of 8.3 per cent. EBIT margin stood at 14.5 per cent while net income rose 7.4 per cent to Rs 1,282 crore.
The Board recommended a final dividend of Rs 40 per share.
In Q4 FY26, LTTS reported revenue of Rs 2,858 crore, up 8.3 per cent year-on-year and 2.5 per cent quarter-on-quarter.
“Anticipating the business landscape and technology shifts over the next five years, we have recalibrated our portfolio to focus on profitable growth, driven by forward-looking technologies. Our continued operations posted FY26 growth of 8.3 per cent at $1,233 million,” said Amit Chadha, CEO, L&T Technology Services Limited.
Total contract value (TCV) from large deals crossed $850 million in FY26, with steady momentum of about $200 million per quarter over six consecutive quarters. The wins included one $75 million deal, two deals above $20 million, one $15 million deal, and three contracts above $10 million each. Demand remains strong in AI-led engineering and digital transformation, supporting the FY27 outlook.
“We are also seeing encouraging momentum across key segments, with sustainability scaling strongly and mobility stabilising with new deal wins. As part of our Lakshya 31 plan, we aim to deliver a 13–15 per cent CAGR over the next five years, supported by strong capabilities in engineering intelligence and continued focus on AI-led innovation,” he added.
The firm expects sustained growth momentum in FY27 backed by a healthy pipeline and diversified global client base despite macroeconomic uncertainties across key markets.
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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