L&T Technology Services Reports 10.2% YoY Growth in Q3FY26
Business Wire India
- Net profit at Rs 3,291 Million, up 2.1% YoY
- Fifth consecutive quarter of ~$200 Million+ deal TCV wins
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in AI, Digital & ER&D Consulting Services, announced its results for the third quarter ended December 31, 2025.
Highlights for Q3FY26 include:
- Rs Revenue at 29,235 Million, up 10.2% YoY
- USD Revenue at 326.3 Million, up 4.6% YoY
- Net profit at Rs 3,291 Million, up 2.1% YoY
- EBIT margin at 14.6%
Several large deal bookings were recorded in Q3, including large deals worth USD 70 Mn from a global OEM, along with a USD 30 Mn deal, a USD 20 Mn program, and 5 deals above USD 10 Mn.
“We sustained the momentum in large deal wins delivering an average TCV of ~$200 million for five consecutive quarters. The Sustainability segment continued to grow double-digit on a YoY basis while Mobility is seeing a turnaround,” said Amit Chadha, CEO & Managing Director, L&T Technology Services Limited.
“Our AI suite of offerings are evolving with the launch of new Agentic AI platforms, as we pivot to deliver full-stack Engineering Intelligence (EI) solutions, which integrates physical and digital AI for our clients’ products and processes. Aligning with our 5-year Lakshya plan, we are doubling down on value accretive high-growth & high margin areas. This is already yielding results, reflected in a 120 bps QoQ improvement, with Q3 EBIT margins at 14.6%,” he added.
Highlights and Recognitions:
- Recognized among CII’s Top 20 Most Innovative Companies
- Rated as a Leader in Digital Engineering Services 2025 by Avasant
- Honored with Questel IP Excellence Award 2025 for Contributions to Innovation & Excellence in Intellectual Property
- Rated as a Leader in HFS Semiconductor Horizons: The Best of Service Providers across the Value Chain, 2025
- Rated as a Leader in Oil and Gas for both EAM and AI & Cloud Services – US 2025 by ISG
Patents
At the end of Q3FY26, the patents portfolio of L&T Technology Services stood at 1,655, out of which 1,007 are co-authored with clients and the rest are filed by LTTS.
Human Resources
At the end of Q3FY26, LTTS’ employee strength stood at 23,639.
