Mumbai, Maharashtra, India – 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.
About L&T Technology Services Ltd
L&T Technology Services (LTTS) is a global leader in AI, Digital & ER&D Consulting Services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes.
Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over 23,635 employees across 22 global design centers, 31 global sales offices, and 100 innovation labs, as of December 31, 2025.
For additional information about L&T Technology Services log on to www.LTTS.com.
(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI
