L&T Technology Services has announced its financial results for the quarter and fiscal year ended March 31, 2026. The company reported a strong annual revenue of ₹109,959 million and a net profit of ₹12,811 million. Demonstrating financial commitment to shareholders, the Board of Directors has recommended a final dividend of ₹40 per equity share, subject to approval at the upcoming Annual General Meeting.
Fiscal Year 2026 Financial Performance
L&T Technology Services concluded the fiscal year on March 31, 2026, with robust performance metrics. The company achieved an annual revenue of ₹109,959 million, reflecting steady growth. Net profit for the year stood at ₹12,811 million. For the quarter ended March 31, 2026, the company recorded a revenue of ₹28,579 million and a net profit of ₹3,327 million.
Strategic Leadership Appointments
The Board of Directors has strengthened the leadership team with several key updates:
- Mr. Rajeev Gupta has been appointed as Executive Director and Chief Financial Officer for a three-year term.
- Mr. Alind Saxena has been re-appointed as Executive Director and President of Strategic Initiatives and Growth Markets for a three-year term.
- Mr. Amitabh Kant joins the Board as an Independent Director for a five-year term.
Shareholder Returns and Corporate Governance
Recognizing the value created for its stakeholders, the Board has recommended a final dividend of ₹40 per equity share (face value of ₹2 each) for the fiscal year 2026. The 14th Annual General Meeting is scheduled for June 1, 2026. The record date for determining eligibility for the final dividend has been set for May 22, 2026.
Operational Developments
The company also noted the divestment of its Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited, effective March 25, 2026. Furthermore, the company continues to maintain strong governance standards, having re-appointed M/s. Aneja & Associates as Internal Auditors for the upcoming year.
Source: BSE
