L&T Technology Services Reports 14% (INR) Growth in Revenue From Continued Operations for FY26

BusinessWire India

Mumbai (Maharashtra) [India], April 23: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in AI, Digital & ER&D Consulting Services, announced its results for the fourth quarter and annual year ended March 31, 2026.

Highlights for FY26 include:

* Revenue at Rs 1,09,959 million; growth of 14%

* USD Revenue at $1,233 million; growth of 8.3%

* EBIT margin at 14.5%

* Net Income at Rs 12,818 million, growth of 7.4%

* Final dividend of Rs 40 per share recommended by the Board

Highlights for Q4FY26 include:

* Revenue at Rs 28,579 million; growth of 8.3% YoY and 2.5% QoQ

* USD Revenue at $306 million; growth of 0.3% YoY

* EBIT margin at 15.2%

* Net Income at Rs 3,467 million, growth of 23.6%YoY and 8.9% QoQ

LTTS' FY26 TCV large deal bookings crossed $850 Mn. The Company continued its large-deal momentum, marking the sixth consecutive quarter of ~$200 million in TCV. This includes one $75 Mn deal, two deals valued at $20+ Mn, one deal at $15+ Mn and three deals valued at over $10 Mn+ each.

"Anticipating the business landscape and technology shifts over the next 5 years, we recalibrated our portfolio to focus on profitable growth business, driven by forward looking technologies. Our continued operations (excluding divested business) posted FY26 growth of 8.3% at $1,233 million.

We are also seeing encouraging momentum across key segments. Sustainability continues to scale strongly, supported by a robust pipeline of deal wins, while Mobility has stabilized with new deal wins and is poised for growth.

This overall performance is driven by a sharper, more focused organization, anchored in our approach to Engineering Intelligence (EI), where engineering converges with AI and digital technologies to deliver higher-value solutions and differentiated outcomes for our clients. We surpassed the 235 count in AI patents, taking our total patent portfolio to over 1,700.

As part of our 5-year Lakshya 31-Plan, we aspire to deliver 13-15% CAGR over the next five years. We believe we will continue to grow faster than the industry supported by strong core capabilities and execution discipline," said Amit Chadha, CEO & Managing Director, L&T Technology Services Limited.

Highlights and Recognitions:

1. LTTS was felicitated with the Creative Partnership Award for Engineering & Innovation at the Aeronautical Development Establishment (ADE) Awards.

2. LTTS received the Engineering Innovation Award from Newmar Corporation, recognizing excellence in delivering high-impact engineering solutions.

3. Awarded 'Partner-level Supplier' status in John Deere's Achieving Excellence Program for the sixth time, the highest recognition for quality and service.

4. Fourth Edition of Digital Engineering Awards: LTTS, in association with ISG & CNBC-TV18, hosted the fourth edition of the Digital Engineering Awards in Boston, USA. The event saw 250+ nominations from 17 countries, spanning Physical AI, Digital Engineering, Sustainability.

Patents

At the end of Q4FY26, the patents portfolio of L&T Technology Services stood at 1,706, out of which 1,033 are co-authored with its customers and the rest are filed by LTTS.

Human Resources

At the end of Q4FY26, LTTS' employee strength stood at 23,830.

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