L&T Technology Services Ltd

 L&T Technology Services announced that CRISIL ESG Ratings & Analytics has independently revised the Company's overall ESG score from 'Crisil ESG 69' to 'Crisil ESG 73' and upgraded the Company's rating category from 'Strong' to 'Leadership'.

L&T Technology Services announced a strategic go-to-market partnership with Databricks, the leading Data and AI company, to co develop and deliver Industrial AI solutions that advance Engineering Intelligence (EI) for asset intensive enterprises. Anchored in LTTS' Sustainability segment, spanning Process Engineering, Discrete Manufacturing and Industrial Products, the partnership will support Energy, Petrochemicals and Industrials clients globally. As industrial organizations seek to unlock greater value from decades of operational and engineering data, the alliance will combine LTTS' deep domain capabilities with the Databricks platform to transform complex plant data into Engineering Intelligence - enabling improved asset reliability, operational efficiency and sustainability performance. The partnership brings together LTTS' expertise in forward looking technologies and extensive experience across more than 600 major plants worldwide with Databricks' leading AI, analytics, and data capabilities. This combination enables industrial enterprises to develop data and AI applications, intelligent agents and advanced analytics at scale, delivering actionable insights and measurable business value across the engineering and asset lifecycle. Together, LTTS and Databricks will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimization, OEE and Production Intelligence, Quality Intelligence and Sustainability Analytics. The partnership combines real-time operational data, advanced AI and machine learning, and natural language-based insights to help engineers and manufacturing teams access, analyze and act on operational intelligence with greater speed and accuracy.

L&T Technology Services announced that ESG Risk Assessments & Insights, a SEBI registered Category 1 ESG Rating Provider (Rating Agency) has independently assigned the ESG rating to the Company with a score of '80'.

L&T Technology Services (LTTS) announced a strategic global partnership with Emerson (NYSE: EMR), a global automation leader and provider of advanced test and measurement solutions. Under this engagement, LTTS will serve as a global System Integrator and technology development partner, supporting the design, deployment and lifecycle enablement of advanced systems engineering platforms across industries. The partnership also introduces joint engagement approaches for customer projects, positioning LTTS as a key system integration partner for the NI test platform. The collaboration will focus on product engineering and solution development tailored for multiple sectors including Industrial, Transportation, Semiconductors, Aerospace & Defense where system performance, resilience and sustainability are critical. As part of the partnership, LTTS will establish a dedicated Centre of Excellence (CoE) at its Mysuru campus in India. The CoE will be based on the NI test and measurement platform and will function as a global hub for joint solution development, industrialization and applied innovation, leveraging NI software and hardware to accelerate product development and engineering, test automation and validation workflows. Key focus areas also include joint go-to-market initiatives, development of industry-specific solutions, license enablement and extended client support models.

The company's revenue in USD terms was $305.9 million, down 1.7% QoQ. In constant currency terms, revenue contracted by 1.1% sequentially. In Q3 FY26, cost of sales added up to Rs 1,938.4 crore (up 0.4% QoQ) while selling, general & administration expenses aggregated to Rs 398 crore (up 11.5% QoQ). EBIT improved by 5.5% to Rs 434.9 crore in Q4 FY26 from Rs 412.4 crore recorded in Q3 FY26. LTTS' FY26 TCV large deal bookings crossed $850 million. The company continued its large deal momentum, marking the sixth consecutive quarter of nearly $200 million in TCV. This includes one $75 million deal, two deals valued at over $20 million, one deal at over $15 million and three deals valued at over $10 million each. At the end of Q4FY26, the patents portfolio of L&T Technology Services stood at 1,706, out of which 1,033 are co-authored with its customers and the rest are filed by LTTS. As on 31 March 2026, LTTS' employee strength stood at 23,830. For FY26, LTTS has reported net profit and total income of Rs 1,279.2 crore (up 1% YoY) and Rs 10,995.9 crore (up 14% YoY), respectively. Amit Chadha, CEO & managing director, L&T Technology Services, said: Anticipating the business landscape and technology shifts over the next 5 years, we recalibrated our portfolio to focus on profitable growth business, driven by forward looking technologies. We are also seeing encouraging momentum across key segments. Sustainability continues to scale strongly, supported by a robust pipeline of deal wins, while Mobility has stabilized with new deal wins and is poised for growth. This overall performance is driven by a sharper, more focused organization, anchored in our approach to Engineering Intelligence (EI), where engineering converges with AI and digital technologies to deliver higher-value solutions and differentiated outcomes for our clients. As part of our 5-year Lakshya 31-Plan, we aspire to deliver 13'15% CAGR over the next five years. L&T Technology Services (LTTS) is a global leader in AI, Digital & ER&D consulting services. A listed subsidiary of Larsen & Toubro (L&T), the company offers design, development, testing, and sustenance services across products and processes. The scrip fell 1.23% to currently trade at Rs 3507.90 on the BSE.

Net profit of L&T Technology Services rose 6.75% to Rs 332.10 crore in the quarter ended March 2026 as against Rs 311.10 crore during the previous quarter ended March 2025. Sales rose 8.34% to Rs 2857.90 crore in the quarter ended March 2026 as against Rs 2637.80 crore during the previous quarter ended March 2025. For the full year,net profit rose 0.99% to Rs 1279.20 crore in the year ended March 2026 as against Rs 1266.70 crore during the previous year ended March 2025. Sales rose 14.04% to Rs 10995.90 crore in the year ended March 2026 as against Rs 9642.20 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2857.902637.80 8 10995.909642.20 14 OPM %18.2416.40 -17.6018.56 - PBDT559.70465.90 20 2092.101942.50 8 PBT473.20385.00 23 1746.901639.40 7 NP332.10311.10 7 1279.201266.70 1 Powered by Capital Market - Live

L&T Technology Services has allotted 4,250 equity shares under ESOP on 22 April 2026.

L&T Technology Services is partnering with a leading global energy major to be its engineering services and technology partner for its Digital Expertise centre in India for about 500 engineers.

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 22 April 2026.

AMI Paradigm, a special purpose entity formed by ParadigmIT Technology Services and AM Intelligence Labs, promoted by by the founders of the Greenko Group. The entity focuses on advancing AI for public systems and critical infrastructure services. LTTS' SWC Unit comprises the smart & safe segment and communications segment including associated contracts, relevant intellectual property, and employees. The revenue of the said Unit for FY 2024-25 was Rs 1,027.95 crore, constituting 9.63% of the comapany's consolidated revenue as on March 31, 2025. The company said the divestment will help it reallocate capital towards Engineering Intelligence (EI), a key high-growth focus area. Under its 5-year strategic Lakshya Plan, LTTS is sharpening its focus with 6 large technology bets, including EI, which will further accelerate growth in its three segments - Mobility, Tech and Sustainability - while consolidating its positioning as a global engineering intelligence partner. The total consideration for the transaction is Rs 452 crore, subject to customary adjustments related to working capital, net debt, and other terms outlined in the agreement. The transaction is expected to be completed on or before 30 September 2026, subject to the fulfilment of customary closing conditions. Amit Chadha, CEO and managing director, L&T Technology Services said, 'As we pursue longterm value creation for our stakeholders, we are reframing our strategic bets, with EI, Software and Digital Manufacturing as key focus pillars in our select segments of Mobility, Sustainability and Tech. We believe these will drive faster growth opportunities for LTTS. AMI Paradigm, by integrating SWC's public sector capabilities, will strengthen its AI offerings, while creating a robust platform for Smart World employees and delivering enhanced value to our existing clients.' L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), it offers design, development, testing, and maintenance services across products and processes. The company reported 0.1% rise in net profit to Rs 329.1 crore as revenue fell by 1.9% to Rs 2923.5 crore in Q3 FY26 as compared with Q2 FY26. The counter advanced 1.50% to end at Rs 3200.25 on the BSE. The stock market will remain shut today on account of Shri Ram Navami.Powered by Capital Market - Live