
L&T Technology Services Approves FY 2026 Results, Recommends Final Dividend, and Details Key Leadership Changes
L&T Technology Services Limited announced that its Board of Directors, at a meeting held on April 22, 2026, approved and took on record the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The company also recommended a final dividend for the financial year.The Board of Directors recommended a final dividend of Rs. 40/- per equity share, based on a face value of Rs. 2 per share, for the financial year ended March 31, 2026. This proposed Final Dividend payment is subject to shareholder approval at the ensuing Annual General Meeting (AGM).
Financial Performance Highlights
The Statutory Auditor, M S K A & Associates, issued the audit reports on both the audited standalone and consolidated financial results with an unmodified opinion.The company's consolidated audited financial results for the year ended March 31, 2026, saw total revenue from operations reaching 109,959 Million. The total income stood at 112,171 Million. The net profit for the year was 12,811 Million, and the total comprehensive income was 9,716 Million.
The standalone audited results showed total revenue from operations of 92,071 Million, with a net profit for the year of 12,062 Million.
For the year ended March 31, 2026, the key financial figures are presented below:
Consolidated Audited Statement of Financial Results (₹ Million)
| Particulars | Quarter ended March 31, 2026 | Year ended March 31, 2026 |
|---|---|---|
| Revenue from operations | 28,579 | 109,959 |
| Other income (net) | 553 | 2,212 |
| Total income | 29,132 | 112,171 |
| Total expenses | 24,400 | 94,702 |
| Net Profit for the year | 3,327 | 12,811 |
| Total comprehensive income | 1,701 | 9,716 |
Standalone Audited Statement of Financial Results (₹ Million)
| Particulars | Quarter ended March 31, 2026 | Year ended March 31, 2026 |
|---|---|---|
| Revenue from operations | 24,091 | 92,071 |
| Other income (net) | 490 | 2,152 |
| Total income | 24,581 | 94,223 |
| Total expenses | 20,276 | 77,760 |
| Net Profit for the year | 3,024 | 12,062 |
| Total comprehensive income | 643 | 7,558 |
Leadership and Board Appointments
The Board of Directors approved several significant appointments and re-appointments aimed at strengthening the company's leadership structure.The company approved the re-appointment of M/s. Aneja & Associates as Internal Auditors for a period of one year, commencing from May 3, 2026, up to and including May 2, 2027.
Key executive appointments approved by the Board include:
- Mr. Alind Saxena: Re-appointed as Executive Director & President of Strategic Initiatives and Growth Markets for a further term of three years, commencing from April 26, 2026, up to and including April 25, 2029.
- Mr. Rajeev Gupta: Designated and approved as an Additional Director, Executive Director & Chief Financial Officer for a term of three years, starting April 22, 2026, until April 21, 2029.
- Mr. Amitabh Kant: Appointed as an Additional Director, designated as an Independent Director, for a term of five years, beginning April 22, 2026, up to and including April 21, 2031.
Corporate Action Timelines
The Fourteenth Annual General Meeting (AGM) of the Company is scheduled to be held on Monday, June 1, 2026, through Video Conferencing / Other Audio-Visual Means. The Record Date for the purpose of determining members eligible to receive the final dividend for FY 2025-26 has been fixed as Friday, May 22, 2026.Financial Position
The company’s consolidated audited balance sheet data provides an overview of its financial standing.Consolidated Audited Statement of Assets and Liabilities (₹ Million)
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| TOTAL ASSETS | 104,889 | 96,435 |
| TOTAL EQUITY AND LIABILITIES | 104,889 | 96,435 |
The audited standalone statement of assets and liabilities for March 31, 2026, reflected a total asset position of 96,925 Million, compared to 88,623 Million as of March 31, 2025.
LTTS Stock Price Movement
L&T Technology Services Limited shares today slipped by 2.59% to settle at ₹3550.2, marking a decline of ₹94.40 from the previous close. The stock experienced a total trading volume of 97,737 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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