L&T Technology Services (LTTS) reported a robust 14% growth in annual revenue from continuing operations for FY26, reaching ₹1,09,959 million. The company marked its sixth consecutive quarter of ~$200 million in large deal bookings. With a focus on Engineering Intelligence and a recalibrated portfolio, LTTS has declared a final dividend of ₹40 per share. The company remains committed to a 13–15% CAGR over the next five years under its Lakshya 31-Plan.
Financial Performance for FY26
For the financial year ended March 31, 2026, LTTS achieved ₹1,09,959 million in revenue from continuing operations, representing a 14% increase. The company’s USD revenue stood at $1,233 million, reflecting 8.3% growth. Despite strategic divestments, the company maintained an EBIT margin of 14.5% and reported a net income of ₹12,818 million.
Q4 FY26 Results Highlights
In the fourth quarter (January–March 2026), LTTS recorded revenue of ₹28,579 million, up 8.3% YoY and 2.5% QoQ. The EBIT margin for the quarter improved to 15.2%, with net income reaching ₹3,467 million, a significant 23.6% growth YoY. This performance is attributed to a successful pivot toward higher-margin, profitable growth business.
Strategic Growth and Large Deals
LTTS continues to demonstrate strong market momentum, crossing $850 million in large deal TCV for FY26. This marks the sixth consecutive quarter of achieving ~$200 million in large deal bookings. Key wins during the period include strategic partnerships with a global energy major for its digital expertise center and a major automotive OEM for plant modernization initiatives.
Future Outlook and Dividend
Under its Lakshya 31-Plan, the company has set a 5-year growth framework, aspiring to deliver a 13–15% CAGR. The board has recommended a final dividend of ₹40 per share, reflecting a dividend payout ratio of 48% for the year. The company is actively scaling its presence in Sustainability and Mobility segments while leveraging Engineering Intelligence to converge AI and digital technologies for global clients.
Source: BSE
