L&T Technology Services (LTTS) announced its audited financial results for the year ended March 31, 2026, reporting an annual revenue of ₹109,959 million. The Board of Directors has recommended a final dividend of ₹40 per equity share. Furthermore, the company announced the re-appointment of Alind Saxena as Executive Director, the appointment of Rajeev Gupta as Executive Director & CFO, and the induction of Amitabh Kant as an Independent Director.
Annual Financial Performance
For the financial year ended March 31, 2026, LTTS achieved a consolidated revenue of ₹109,959 million, compared to ₹96,422 million in the previous year. The net profit for the year stood at ₹12,811 million. For the final quarter (Q4: Jan-Mar), the company reported a revenue of ₹28,579 million and a net profit of ₹3,327 million.
Shareholder Dividends
Reflecting the company’s strong performance, the Board of Directors has recommended a final dividend of ₹40 per equity share (face value of ₹2 each) for the financial year ended March 31, 2026. The record date for determining the eligibility of shareholders for this dividend has been set for Friday, May 22, 2026.
Key Strategic Appointments
The company announced significant changes to its leadership team to drive future growth:
- 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 has been appointed as an Additional Director, designated as Executive Director & Chief Financial Officer, for a three-year term effective April 22, 2026.
- Mr. Amitabh Kant has been appointed as an Additional Director and Independent Director for a five-year term, bringing extensive public policy and governance expertise to the board.
Corporate Developments
The company has scheduled its Fourteenth Annual General Meeting (AGM) for Monday, June 1, 2026. Additionally, LTTS finalized a business transfer agreement on March 25, 2026, to sell its Smart World and Communication (SWC) business unit on a going-concern basis to AMI Paradigm Solutions Private Limited, with the unit’s financials now classified under discontinued operations.
Source: BSE
