L&T Technology Services (LTTS) reported a 16% increase in year-on-year revenue for the second quarter of fiscal year 2026, achieving revenues of ₹2,980 crore. The engineering services company also attained a record total contract value of approximately $300 million in large deals during the quarter.
The net profit for the Mumbai-based firm rose to ₹329 crore, showing a 4.1% increase from the previous quarter. Sequentially, revenue growth was recorded at 4%, with the EBIT margin standing at 13.4%. An interim dividend of ₹18 per share was declared, with a record date set for October 27, 2025.
Amit Chadha, CEO and Managing Director, linked the company’s performance to its multi-segment strategy and investments in artificial intelligence (AI). The Sustainability segment has notably achieved double-digit annual growth for the last two quarters. LTTS has introduced several AI-driven platforms, including Qguard.ai, FusionWorld.ai, and PLxAI.
Additionally, LTTS announced a multi-year partnership with the MIT Media Lab to explore AI innovations across its Mobility, Sustainability, and Technology sectors. The company also received Caterpillar’s Supplier Excellence Recognition certification for the second consecutive year.
As of September 30, 2025, LTTS’s patent portfolio reached a total of 1,601 patents, including 216 related to AI and generative AI. The workforce was reported at 23,678 employees. LTTS continues to target a medium-term revenue goal of $2 billion.
On the National Stock Exchange, shares of L&T Technology Services Limited closed at ₹4,156, down by ₹40.80 or 0.97%.
Published on October 17, 2025.
