NSEPress Release14 Jul 2026 · 14 Jul 2026, 06:42 pm
Press Release
L&T Technology Services Limited · LTTS
✦ AI Summary▲ PositiveResults
L&T Technology Services Limited has reported its Q1FY27 results, with a 11.5% YoY growth in revenue and a 17.4% YoY growth in net profit. The company's diversified portfolio continues to demonstrate resilience, with the Sustainability segment maintaining double-digit annual growth and the Mobility segment returning to growth during the quarter. LTTS has partnered with Anthropic to leverage Claude and LTTS' AI-powered Engineering Intelligence for products, services, and industrial solutions.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
L&T Technology Services Limited has informed the Exchange regarding a press release dated July 14, 2026, titled "Unaudited (Consolidated and Standalone) Financial Results of the Company for the quarter ended June 30, 2026.".
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L&T Technology Services Limited
A.M. Naik Tower,6th Floor, L&T Campus,
Gate No.3, Jogeshwari-Vikhroli Link Road,
Powai, Mumbai-400072.
www.ltts.com
July 14, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Dalal Street,
Bandra (East), Mumbai — 400051 Mumbai – 400 001
NSE Symbol:LTTS BSE Scrip Code:540115
Dear Sir/Madam,
Subject: Press Release and Investor Presentation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are sending herewith a copy of the Press Release and Investor Presentation
relating to the Unaudited (Consolidated and Standalone) Financial Results of the Company for
the quarter ended June 30, 2026.
Thanking You,
Yours sincerely,
For L&T Technology Services Limited
Prasad Shanbhag
Company Secretary & Compliance Officer
(M. No. A 30254)
Encl: As above
Registered Office: L&T House, N. M. Marg, Ballard Estate, Mumbai - 400 001. INDIA CIN: L72900MH2012PLC232169
Tel: +91 22 6892 5257 Fax: +91 2267525858
L&T Technology Services is a subsidiary of Larsen & Toubro Limited
L&T Technology Services reports 11.5% YoY growth in Q1FY27
Q1 Revenue of INR 2,940 crore, up 11.5% YoY
Q1 Net profit of INR 352 crore, up 17.4% YoY
Mumbai, July 14, 2026: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in
Engineering Intelligence Solutions & ER&D Consulting Services, announced its results for the first quarter ended
June 30, 2026.
Highlights for Q1FY27 include:
• Revenue at INR 29,401 million; growth of 2.9% QoQ and 11.5% YoY
• USD Revenue at $310 million; growth of 1.5% QoQ and 1.9% YoY in CC terms
• EBIT margin at 15.7%; improvement of 50 bps QoQ and 200 bps YoY
• Net Income at INR 3,518 million, growth of 1.5% QoQ and 17.4% YoY
LTTS’ large deal momentum continues to be strong with one USD 30+ Mn win, one USD 20+ Mn win, and four
deals above USD 10 Mn.
“The strategic actions undertaken as part of our Lakshya 31 agenda are beginning to translate into tangible
business outcomes, reflected in healthy quarterly growth and sustained margin improvement. Q1 revenue grew
11.5% YoY in rupee terms and EBIT margins improved 200 bps YoY to 15.7%.
Our diversified portfolio continues to demonstrate resilience, with the Sustainability segment maintaining double-
digit annual growth and the Mobility segment returning to growth during the quarter despite a dynamic market
environment. Our Engineering Intelligence solutions are driving larger deal opportunities and deeper client
engagements by embedding AI across products, workflows, systems and manufacturing processes.
We have partnered with Anthropic to leverage Claude and LTTS’ AI-powered Engineering Intelligence for
products, services and industrial solutions. Through our consultative engagements, we are helping clients
assess their AI maturity and shape future AI roadmap, supported by an AI Readiness Index developed by MIT
Media Lab. Our innovation engine also continued to gather momentum, with AI patent filings increasing to 244
and our overall patent portfolio surpassing 1,757.
With a strong foundation established under Lakshya 31 five-year plan and continued investments across our Six
Technology Bets, we remain confident in our ability to deliver sustainable, profitable growth. Our aspiration of
achieving 13-15% CAGR over the next five years reflects both the strength of our strategy and the confidence
we have in our execution,” said Amit Chadha, CEO & Managing Director, L&T Technology Services Limited.
Highlights and Recognitions:
• ISG recognized LTTS as the ‘Leader’ in the ISG Provider Lens® Digital Engineering Services 2026
(North America) study across:
o Augmented Design & R&D Services
o Intelligent Operations & Connected Experiences
o Integrated Platform & Application Services
• LTTS was awarded with the Excellence in Mobility Technology Solutions at the Financial Express
Mobility Awards 2026.
REGIST ERED OFFICE: L&T House, N.M. Marg, Ballard Estate, Mumbai - 400 001 IN: L72900MH2012PLC232169
www.LTTS.com info@LTTS.com Copyright © L&T Technology Services
Patents
At the end of Q1FY27, the patents portfolio of L&T Technology Services stood at 1,757, out of which 1,059 are
co-authored with its clients and the rest are filed by LTTS.
Human Resources
At the end of Q1FY27, LTTS’ employee strength stood at 23,845.
About L&T Technology Services Ltd
L&T Technology Services (LTTS) is a global leader in Engineering Intelligence Solutions & ER&D
Consulting Services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development,
testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how
we drive growth across the Mobility, Sustainability and Tech segments. Our customer base includes
69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices,
transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over
23,840 employees across 21 global design centers, 30 global sales offices, and 103 innovation labs,
as of June 30, 2026.
For additional information about L&T Technology Services log on to https://www.ltts.com/.
Media Contact:
Aniruddha Basu Sayanti Chakraborty
L&T Technology Services Limited L&T Technology Services Limited
E: Aniruddha.Basu@LTTS.com E: Sayanti.Chakraborty@LTTS.com
REGIST ERED OFFICE: L&T House, N.M. Marg, Ballard Estate, Mumbai - 400 001 IN: L72900MH2012PLC232169
www.LTTS.com info@LTTS.com Copyright © L&T Technology Services
ENGINEERING THE CHANGE
L&T TECHNOLOGY SERVICES LIMITED
FIRST QUARTER | FY27 RESULTS
Investor Release | Mumbai, India, July 14, 2026
SAFE HARBOUR STATEMENT
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve number of risks, and
uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. L&T Technology Services Limited
(LTTS) does not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
PAGE 2 L&T TECHNOLOGY SERVICES | Q1 FY27 - QUARTERLY RESULT
FINANCIAL HIGHLIGHTS
REVENUE IN INR
• Revenue of ₹29,401 million for the quarter; up 2.9% QoQ and up 11.5% YoY
REVENUE IN USD
• Revenue of $309.9 million for the quarter; up 1.3% QoQ and up 0.4% YoY; in constant currency up 1.5%
QoQ and up 1.9% YoY
PROFIT IN INR
• EBIT of ₹4,613 million for the quarter; EBIT margin at 15.7%; up 50 bps QoQ and up 200 bps YoY
• Net Income of ₹3,518 million for the quarter, up 1.5% QoQ and up 17.4% YoY; Net Income margin at 12.0%
Q1 FY26 figures have been restated to reflect continuing operations
PAGE 3 L&T TECHNOLOGY SERVICES | Q1 FY27 - QUARTERLY RESULT
MESSAGE FROM THE CEO & MANAGING DIRECTOR
The strategic actions undertaken as part of our Lakshya 31 agenda are beginning to translate into tangible business
outcomes, reflected in healthy quarterly growth and sustained margin improvement. Q1 revenue grew sequentially
1.5% in USD CC terms and EBIT margins further improved 50bps QoQ to 15.7%.
LTTS’ large deal momentum continues to be strong with one USD 30+ Mn win, one USD 20+ Mn win, and four deals
above USD 10 Mn.
Our diversified portfolio continues to demonstrate growth with resilience, with the Sustainability segment maintaining
double-digit annual growth and the Mobility segment returning to growth during the quarter despite a dynamic
market environment. Our Engineering Intelligence solutions are driving larger deal opportunities and deeper client
engagements by embedding AI across products, workflows, systems and manufacturing processes.
We have partnered with Anthropic to leverage Claude and LTTS’ AI-powered Engineering Intelligence for products,
services and industrial solutions. Combined with our portfolio of AI-powered platforms, this collaboration will help
clients innovate faster, improve productivity and unlock greater value ac
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