BSECompany Update1d ago · 19 Oct 2026, 04:11 pm
Press Release and Investor Presentation relating to the Unaudited (Consolidated and Standalone) Financial Results of the Company for the Quarter and Half Year Ended September 30, 2026 is attached.
L&T Technology Services Ltd · 540115
✦ AI Summary▲ PositiveResults
L&T Technology Services Ltd reported a 12.1% YoY revenue growth and 66.8% net profit growth in Q2FY27. The company announced its results for the second quarter ended September 30, 2026, with revenue at ₹30,404 million, growth of 3.4% QoQ and 12.1% YoY. The company also declared an interim dividend of ₹20 per share.
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L&T Technology Services Ltd - 540115 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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
October 19, 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 — 400 051 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 and half year ended September 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 12.1% YoY Revenue Growth
and 66.8% Net Profit Growth in Q2FY27
Annualized revenue from EI-led Solutions at $120 Mn in Q2FY27
Mumbai, October 19, 2026: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a
global leader in Engineering Intelligence Solutions and ER&D Consulting Services, announced its
results for the second quarter ended September 30, 2026.
Highlights for Q2FY27 include:
• Revenue at ₹30,404 million; growth of 3.4% QoQ and 12.1% YoY
• USD Revenue at $317 million; growth of 2.7% QoQ and 4.8% YoY in CC terms
• EBIT margin at 16.3%; improvement of 60 bps QoQ
• Net Income at ₹5,482 million, growth of 53.7% QoQ and 66.8% YoY (includes one-time gain of INR 1,650
million from the disinvestment of the SWC business)
• Interim Dividend of ₹20 per share; record date October 27, 2026
LTTS recorded large deal TCV wins of USD 200+ Mn in Q2, with AI-related deals accounting for over
50% of the total. Wins included one USD 75 Mn deal, one USD 30+ Mn deal, one USD 25 Mn deal
and six USD 10+ Mn each.
“With our investments in Engineering Intelligence (EI) and diversified portfolio, we are able to address
a broader market with our customers resulting in accelerated sequential growth across revenue,
profitability, large deals and AI revenue. Revenue grew 2.7% QoQ in constant currency and EBIT
margin improved 60 bps QoQ to 16.3%.
Sustainability continued to grow and delivered its strongest growth this quarter, Mobility sustained its
growth momentum and Tech remained steady, with gross margins improving across all segments.
EIOne, our EI platform of 100+ solutions across Engineering, Products, Manufacturing & Operations,
coupled with our AI ecosystem partnerships with leading AI & Hyperscaler companies is gaining client
traction. We launched an EI Lab, in partnership with NVIDIA, to build and deliver next-generation
Physical AI-native applications across manufacturing, robotics and supply chain. AI patent filings have
exceeded 250, while our overall patent portfolio has surpassed 1,800 filings.
With our order backlog and pipeline both improving year on year and several large deals in play, we
expect revenue momentum to strengthen further in H2 while sustaining healthy EBIT margins. This
progress supports our long-term aspiration of 13-15% revenue CAGR with EBIT margins in the 16-
17% range over the next five years,” said Amit Chadha, CEO & Managing Director, L&T
Technology Services.
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
Highlights and Recognitions:
• Won the Gold Award for Industrial Engineering and Automation R&D at the CII Awards for
Excellence in R&D 2026
• Recognized as a Leader in Everest Group’s Product Lifecycle Management (PLM) Services
PEAK Matrix® Assessment 2026
• LTTS’ PLxAI solution won the nasscom AI Gamechangers Award 2026 in the Manufacturing
category
• Honored at the 7th Edition of the ET Edge Best Tech Brands Awards 2026
Patents
At the end of Q2 FY27, the patents portfolio of L&T Technology Services stood at 1,808, out of which
1,085 are co-authored with its clients and the rest are filed by LTTS.
Human Resources
At the end of Q2 FY27, LTTS’ employee strength stood at 24,035.
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 24,035
employees across 21 global design centers, 31 global sales offices, and 111 innovation labs, as of
September 30, 2026.
For additional information about L&T Technology Services log on to https://www.ltts.com/.
Media Contact:
USA INDIA
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
SECOND QUARTER | FY27 RESULTS
Investor Release | Mumbai, India, October 19, 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 | Q2 FY27 - QUARTERLY RESULT
FINANCIAL HIGHLIGHTS
REVENUE IN INR
• Revenue of ₹30,404 million for the quarter; up 3.4% QoQ and up 12.1% YoY
REVENUE IN USD
• Revenue of $317.1 million for the quarter; up 2.3% QoQ and up 3.3% YoY; in constant currency up 2.7%
QoQ and up 4.8% YoY
PROFIT IN INR
• EBIT of ₹4,966 million for the quarter; EBIT margin at 16.3%; up 60 bps QoQ and up 220 bps YoY
• Net Income of ₹5,482 million, up 53.7% QoQ and up 66.8% YoY; Net Income margin at 18.0%
includes one-time gain of ₹1,650 million from the disinvestment of the SWC business
CAPITAL RETURN
• Interim Dividend of ₹20 per share; Record date 27 October 2026
Q2 FY26 figures have been restated to reflect continuing operations
PAGE 3 L&T TECHNOLOGY SERVICES | Q2 FY27 - QUARTERLY RESULT
MESSAGE FROM THE CEO & MANAGING DIRECTOR
With our investments in Engineering Intelligence (EI) and diversified portfolio, we are able to address a broader market
with our customers resulting in accelerated sequential growth across revenue, profitability, large deals and AI revenue.
Revenue grew 2.7% QoQ in constant currency as large deal wins of the last few quarters moved to execution.
Sustainability continued to deliver strong growth, Mobility sustained its growth momentum and Tech remained steady,
with gross margins improving across all segments. EBIT margin improved 60 bps QoQ to 16.3%, achieving our mid-16%
margin aspiration ahead of schedule.
Large-deal TCV exceeded USD 200 million across segments, with AI-led deals accounting for more than 50% of the total.
Wins included a USD 75 Mn deal, a USD 30+ Mn deal, a USD 25 Mn and six deals of USD 10+ Mn, reflecting growing demand
for our Engineering Intelligence solutions.
EIOne, our EI platform of 100+ so
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