L&T Technology Services Reports 14% Growth in Revenue for FY26, Targets 13-15% CAGR

L&T Technology Services Reports 14% Growth in Revenue for FY26, Targets 13-15% CAGR

L&T Technology Services Reports 14% Growth in Revenue for FY26, Targets 13-15% CAGR​

Mumbai, April 22, 2026: L&T Technology Services Limited, a global provider of AI, Digital, and Engineering R&D Consulting Services, announced its audited financial results for the fourth quarter and the full year ended March 31, 2026. The company reported a 14% growth in Revenue from Continued Operations for Fiscal Year 2026 (FY26).

The financial highlights show significant growth across the board, with the company recommending a final dividend of ₹ 40 per share.

Financial Performance Summary​

The results for the fiscal year and the most recent quarter demonstrate strong year-over-year momentum, particularly within continuing operations.

The following tables summarize the core financial figures for the company's continuing operations.

Financial Highlights (Continuing Operations)

MetricFY26FY25YoY Growth
Revenue (₹ million)1,09,95996,42214.0%
USD Revenue (million)$1,233N/A8.3%
Net Income (₹ million)12,81811,9327.4%
EBIT Margin14.5%15.4%-

Quarter 4 FY26 Results (Continuing Operations)

MetricQ4 FY26Q3 FY26YoY Growth
Revenue (₹ million)28,57927,8728.3%
USD Revenue (million)$306N/A0.3%
Net Income (₹ million)3,4673,18323.6%
EBIT Margin15.2%14.8%-

Operational Momentum and Strategic Focus​

The company’s strong performance is attributed to a sharper and more focused organizational structure, anchored by its approach to Engineering Intelligence (EI)—the convergence of engineering with AI and digital technologies.

L&T Technology Services continued its large deal momentum in the fourth quarter, recording an average Total Contract Value (TCV) of approximately $200 million for the sixth consecutive quarter. For the full fiscal year, total large deals amounted to $855 million, marking a 40% increase over the previous year.

The company has recalibrated its portfolio to focus on profitable growth businesses, driven by forward-looking technologies. The Mobility and Sustainability segments, in particular, are showing encouraging momentum with new deal wins, while Sustainability continues to scale strongly.

Amit Chadha, CEO & Managing Director, stated that the overall performance is driven by delivering higher-value solutions and differentiated outcomes for clients.

Patents and Human Capital​

In terms of intellectual property, the patent portfolio stood at 1,706 at the end of Q4FY26. Of this total, 1,033 patents were co-authored with customers, while the remainder were filed by LTTS.

The company's human resources strength stood at 23,830 employees as of Q4FY26.

Industry Recognition and Future Vision​

L&T Technology Services was honored with several industry accolades during the period, including the Creative Partnership Award for Engineering & Innovation at the Aeronautical Development Establishment (ADE) Awards and the Engineering Innovation Award from Newmar Corporation. The company also secured 'Partner-level Supplier' status from John Deere's Achieving Excellence Program for the sixth time.

Looking ahead, the company laid out its 5-year Lakshya 31-Plan, under which it aspires to deliver 13-15% Compound Annual Growth Rate (CAGR) over the next five years. The strategy emphasizes a focus on six large technology bets, accelerating momentum across its three core segments: Mobility, Sustainability, and Tech.

The company also highlighted its commitment to advancing technology by strengthening its partnership with MIT Media Labs to explore fields such as Multimodal AI and Multisensory Intelligence.

Diverse Offerings and Market Presence​

The firm’s customer base includes 69 Fortune 500 companies and 57 top Engineering R&D companies. The company operates across 22 global design centers, 31 global sales offices, and 98 innovation labs.

The focus on technology deepens with the firm showcasing flagship Industrial AI and Digital Twin solutions, including a Lights-Out Factory for manufacturing and a Lung Digital Twin platform for healthcare, at the NVIDIA GTC 2026 event.

LTTS Stock Price Movement​

Shares of L&T Technology Services Limited today slipped by 2.59% to settle at ₹3,550.2, marking a decline of ₹94.40. The equity shed value on a volume of 97,737 shares, finishing the day near its low of ₹3,531.
 

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