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LTTS Q3FY26 Revenue up 10.2% YoY to ₹29,235 Million; Net Profit ₹3,291 Million
L&T Technology Services Limited
January 15, 2026, 10:51 AM
L&T Technology Services reported Q3FY26 revenue of ₹29,235 Million, up 10.2% YoY. Net profit rose 2.1% YoY to ₹3,291 Million. The company secured an average TCV of ~$200 million for five consecutive quarters, with notable deals including a USD 70 million win. CEO Amit Chadha emphasized a pivot to EI solutions and guided for mid-single-digit growth in FY26.
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L&T Technology Services Limited (LTTS) announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a Year-on-Year (YoY) revenue growth of 10.2%, reaching ₹29,235 Million (USD 326.3 Million). Net profit for the quarter stood at ₹3,291 Million, marking a 2.1% YoY increase. The EBIT margin was reported at 14.6%.
LTTS has maintained its strong performance in securing large deals, with an average Total Contract Value (TCV) of approximately $200 million for five consecutive quarters. Significant deal wins in Q3 included a USD 70 million deal from a global OEM, a USD 30 million deal, a USD 20 million program, and five deals exceeding USD 10 million each. The Sustainability segment continued its double-digit growth, while the Mobility segment showed signs of a turnaround.
CEO & Managing Director, Amit Chadha, highlighted the company's pivot towards full-stack Engineering Intelligence (EI) solutions, integrating physical and digital AI. He also mentioned the alignment with the company's 5-year Lakshya plan, focusing on value-accretive, high-growth, and high-margin areas. The company is guiding for mid-single-digit overall growth in FY26, emphasizing profitable and sustainable growth.
In terms of industry recognition, LTTS was acknowledged among CII’s Top 20 Most Innovative Companies, rated as a Leader in Digital Engineering Services 2025 by Avasant, and received the Questel IP Excellence Award 2025. The company's patent portfolio stood at 1,655 at the end of Q3FY26, with 1,007 co-authored with clients. The employee strength was 23,639 as of December 31, 2025.
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