L&T Technology Services (LTTS) announced a 10.2% YoY revenue growth in Q3FY26, with revenue reaching ₹29,235 Million. Net profit increased to ₹3,291 Million. The company also achieved its fifth consecutive quarter with deal TCV wins exceeding $200 Million.
Financial Performance Highlights
In Q3FY26, L&T Technology Services reported the following key financial results:
- INR Revenue: ₹29,235 Million, up 10.2% YoY
- USD Revenue: $326.3 Million, up 4.6% YoY
- Net profit: ₹3,291 Million, up 2.1% YoY
- EBIT margin: 14.6%
Key Wins and Strategic Focus
The company secured multiple large deal bookings in Q3, including:
- A deal worth USD 70 Mn from a global OEM.
- A USD 30 Mn deal.
- A USD 20 Mn program.
- Five deals above USD 10 Mn.
LTTS is focusing on full-stack Engineering Intelligence (EI) solutions, integrating physical and digital AI for clients’ products and processes. This strategic alignment aims to drive high-growth and high-margin areas, yielding a 120 bps QoQ improvement, with Q3 EBIT margins at 14.6%.
Recognitions
LTTS received several recognitions, including:
- Recognized among CII’s Top 20 Most Innovative Companies
- Rated as a Leader in Digital Engineering Services 2025 by Avasant
- Honored with Questel IP Excellence Award 2025 for Contributions to Innovation & Excellence in Intellectual Property
- Rated as a Leader in HFS Semiconductor Horizons: The Best of Service Providers across the Value Chain, 2025
- Rated as a Leader in Oil and Gas for both EAM and AI & Cloud Services – US 2025 by ISG
Employee and Patent Information
As of Q3FY26:
- The patents portfolio of L&T Technology Services stood at 1,655, with 1,007 co-authored with clients.
- The employee strength stood at 23,639.
Source: BSE
