L&T Technology Services (LTTS) has reported robust financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹40 per equity share, representing a 2,000% payout on a face value of ₹2. The company also announced significant leadership changes, including the appointment of new directors, as it prepares for the upcoming 14th Annual General Meeting scheduled for June 1, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, LTTS achieved consolidated revenue from operations 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 Q4 period (January-March 2026), the company reported revenue of ₹28,579 million and a net profit of ₹3,327 million, reflecting steady growth and operational efficiency.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹40 per equity share for the financial year 2025-26. This payout is subject to shareholder approval at the 14th Annual General Meeting. The company has fixed Friday, May 22, 2026, as the Record Date to determine the eligibility of members for the dividend payment.
Strategic Leadership Appointments
LTTS announced key leadership changes to drive its strategic growth agenda. Mr. Rajeev Gupta has been appointed as an Executive Director & Chief Financial Officer for a three-year term. Additionally, Mr. Amitabh Kant joins the Board as an Independent Director for a term of five years. The Board also approved the re-appointment of Mr. Alind Saxena as Executive Director & President – Strategic Initiatives and Growth Markets for another three-year term.
Business Restructuring and Future Outlook
The company continues to optimize its operations, including the classification of its Smart World and Communication (SWC) business unit as ‘Held for Sale’. This strategic move is part of the company’s broader efforts to focus on core growth areas. Additionally, the company recognized an impact of ₹354 million related to new Labour Codes and ₹370 million in restructuring expenses, highlighting proactive management of regulatory and organizational changes to ensure long-term value creation.
Source: BSE
