L&T Technology Services (LTTS) has reported robust financial results for the quarter and year ended March 31, 2026. The company achieved an annual revenue of ₹109,959 million, marking significant growth. Alongside the financial performance, the Board of Directors has recommended a final dividend of ₹40 per equity share and announced key leadership appointments, including Mr. Rajeev Gupta as Executive Director & Chief Financial Officer and Mr. Amitabh Kant as an Independent Director.
Financial Highlights
For the financial year ended March 31, 2026, LTTS reported a consolidated revenue from operations of ₹109,959 million. The net profit for the year stood at ₹12,811 million. During the final quarter (Q4), the company recorded revenue of ₹28,579 million, demonstrating consistent operational momentum. The Board has recommended a final dividend of ₹40 per equity share (face value of ₹2 each), subject to shareholder approval at the upcoming Fourteenth Annual General Meeting scheduled for June 1, 2026.
Strategic Leadership Appointments
The Board has strengthened its leadership team with several key appointments effective April 22, 2026:
- Mr. Alind Saxena has been re-appointed as Executive Director & President – Strategic Initiatives and Growth Markets for a term of three years.
- Mr. Rajeev Gupta, currently the Chief Financial Officer, has been appointed as an Additional Director, designated as Executive Director & Chief Financial Officer for a three-year term.
- Mr. Amitabh Kant has been appointed as an Additional Director, designated as an Independent Director, for a term of five years.
Operational Updates
The company continues to optimize its global footprint, as evidenced by the transfer of its Smart World and Communication (SWC) business unit. This move aligns with LTTS’s strategy to focus on its core engineering and technology segments: Mobility, Sustainability, and Tech. The company also reported an exceptional expense of ₹370 million related to restructuring initiatives and the impact of new labour codes, ensuring the organization remains lean and competitive.
Annual General Meeting and Record Date
The Fourteenth Annual General Meeting will be conducted via Video Conferencing / Other Audio-Visual Means (VC/OAVM) on June 1, 2026, at 3:30 p.m. (IST). To determine the shareholders eligible for the final dividend, the company has set Friday, May 22, 2026, as the Record Date.
Source: BSE
