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L&T Technology Services reports 16% YoY growth in Q2FY26

Record High Large Deal TCV of ~USD 300 Mn Q2 Revenue of ₹2,980 crore, up 4.0% QoQ Q2 Net profit of ₹329 crore, up 4.1% QoQ

 L&T Technology Services Limited,  India’s leading pure-play engineering services company, announced its results for the second quarter ended September 30, 2025. 

Highlights for Q2FY26 include:  

  • Revenue at 29,795 million; growth of 15.8% YoY and 4.0% QoQ 
  • USD Revenue at $337 million; growth of 10.4% YoY and 1.3% QoQ in CC terms EBIT margin at 13.4% 
  • Net profit at 3,287 million, growth of 2.8% YoY and 4.1% QoQ 
  • Interim Dividend of 18 per share; record date October 27, 2025 
  • Patent filings have crossed 1,600 mark, 216 patents in AI/Gen AI 

“Our strong momentum of large deal wins continued as we touched a record high TCV of  near-USD 300 Mn in the quarter which reflects the confidence our global clients have in our  next-gen offerings. 

In the face of shifting market dynamics and geopolitical unpredictability, our ‘Go Deeper to  Scale’ and multi-segment strategy is helping us grow with the Sustainability segment  achieving double-digit annual growth for two consecutive quarters and the Tech segment  remaining resilient. 

Building an AI-first delivery model, our investments in Gen AI, Agentic AI and Physical AI have  helped consolidate our leadership position in engineering and industrial AI. With the launch of  platforms and solutions like Qguard.ai, FusionWorld.ai, PLxAI, AiNexus, GENIQ,  TrackEiTM, we continue to see strong client engagement and early monetization. We are also  deepening partnerships across the ecosystem, from SiMa.ai and NVIDIA to the MIT Media  Lab, ensuring our technology backbone remains future-ready and scalable. 

With an increased order book and a sharp focus on resilient and profitable growth, we maintain  our medium-term outlook of USD 2 Bn revenue,” said Amit Chadha, CEO & Managing  Director, L&T Technology Services Limited.

REGISTERED OFFICE: L&T House, N.M. Marg, Ballard Estate, Mumbai – 400 001 IN: L72900MH2012PLC232169 www.LTTS.com [email protected] Copyright © L&T Technology Services 

Highlights and Recognitions: 

  • LTTS announced a multi-year membership agreement with the MIT Media Lab to  collaborate on AI-led innovations in its Mobility, Sustainability and Tech segments LTTS has once again been certified during Caterpillar’s 2025 Supplier Excellence  Recognition (SER) event, following its certification in 2024 
  • Rated as Leaders by ISG in US: 

Medical Device Digital Services 2025 for Digital Engineering and Product  Development, Post-Market Digital Enablement and Regulatory Compliance,  Strategy and Quality Assurance 

Automotive and Mobility Services and Solutions for Autonomous Systems and  Software-defined Vehicles, Electric Vehicles and Mobility Services and  Automotive Engineering and Manufacturing Services 

Patents 

At the end of Q2FY26, the patents portfolio of L&T Technology Services stood at 1601, out  of which 978 are co-authored with clients and the rest are filed by LTTS. 

Human Resources 

At the end of Q2FY26, LTTS’ employee strength stood at 23,678. 

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