L&T Technology Services Q1FY26 Results: Revenue Recorded Double-Digit Growth

On July 17, 2025, L&T Technology Shares are in focus following the release of earnings for quarter ended June 30, 2025 (Q1FY26). L&T Technology Services Limited (NSE: LTTS), India’s premier pure-play engineering services firm, recorded growth across key metrics

Strong Financial Performance in Q1FY26

• Revenue: ₹28,660 million, reflecting a 16.4% year-on-year growth
• Revenue in USD: $335.3 million, marking a 13.6% increase YoY
• EBIT Margin: 13.3%
• Net Profit: ₹3,157 million, a modest 0.7% growth YoY

Momentum in Large Deals Continues

The company maintained its momentum in large deal wins, recording:

• One large deal worth USD 50 million
• Three deals in the USD 20–30 million range
• Six deals exceeding USD 10 million each

These wins indicate the company’s growing influence across sectors and geographies.

Geographic and Sector Diversification Driving Growth

LTTS reported sequential growth in both Europe and the U.S., driven by its multi-segment diversification strategy.

• The Sustainability segment achieved double-digit YoY growth, reinforcing LTTS’s commitment to climate-positive engineering.
• Its “Go Deeper to Scale” strategy has helped deepen existing client relationships, expanding engagement scopes and deal sizes.

Strategic Expansion in the U.S.

To cater to rising client demand, LTTS inaugurated a new design center in Plano, Texas.

 This advanced facility focuses on:

• AI and machine learning
• Cybersecurity
• High-end product design

By investing ahead of the curve, LTTS strengthens its client proximity while delivering next-gen value-added services.

AI-Led Innovation at the Core

Artificial Intelligence and automation are playing a central role in LTTS’s service evolution:

• Engineers have deployed multiple AI-driven programs for global clients.
• The company has filed 206 patents in AI, showcasing its innovation leadership.
• LTTS introduced PLxAI, a proprietary AI framework that accelerates the product development lifecycle. Initially developed for the Mobility segment, PLxAI has now been scaled across verticals through a multi-industry cross-pollination approach.

Also Read: Tech Mahindra Q1 FY26 Earnings Profit Rises 34%; Margins Expand for 7th Straight Quarter

Backed by an increased order book and a focus on resilience and profitable growth, we expect to clock double-digit growth in FY26 and maintain our medium-term outlook of USD 2 billion revenue,” said Amit Chadha, CEO and Managing Director of L&T Technology Services Limited.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.