L&T Technology Services Limited, a leader in AI, Digital & ER&D Consulting Services, has reported a 14% growth in revenue from continued operations for the fiscal year 2026, reaching ₹1,09,959 million. The company’s USD revenue also saw an 8.3% increase, amounting to $1,233 million.
For the fourth quarter of FY26, the company recorded revenue of ₹28,579 million, marking an 8.3% year-on-year growth and a 2.5% increase quarter-on-quarter. The EBIT margin for the quarter stood at 15.2%, while net income rose by 23.6% year-on-year to ₹3,467 million.
The fiscal year saw L&T Technology Services securing total contract value (TCV) large deal bookings of over $850 million, continuing its momentum with the sixth consecutive quarter of approximately $200 million in TCV. Significant deals included one valued at $75 million, two over $20 million, and several others exceeding $10 million.
Amit Chadha, CEO & Managing Director, highlighted the company’s strategic focus on profitable growth through forward-looking technologies. The firm is concentrating on Engineering Intelligence (EI), where engineering merges with AI and digital technologies to provide enhanced solutions for clients.
The company also announced a final dividend of ₹40 per share, with a dividend payout ratio of 48% for the year. The return on equity (ROE) for FY26 was reported at 20.4%.
In terms of accolades, L&T Technology Services received multiple recognitions, including the Creative Partnership Award for Engineering & Innovation and the Engineering Innovation Award from Newmar Corporation. The company was also awarded the ‘Partner-level Supplier’ status in John Deere’s Achieving Excellence Program for the sixth time.
The patents portfolio of L&T Technology Services reached 1,706 by the end of Q4FY26, with 1,033 co-authored with customers. The company’s workforce stood at 23,830 employees.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).