L&T Technology Services Ltd

📈 L&T Technology Services Reports Strong FY26 Performance with $855M in Large Deals

• FY26 revenue reached ₹109,959 million ($1,233 million), growing 14% in INR and 8.3% in USD

• Net income increased 7.4% to ₹12,818 million with EBIT margin of 14.5%

• Q4 revenue was ₹28,579 million, up 8.3% YoY and 2.5% QoQ

• Achieved six consecutive quarters of ~$200 million in total contract value

• Large deal bookings totaled $855 million for FY26

• Employee count stands at 23,830 with voluntary attrition at 14.7%

• Patent portfolio grew to 1,706 patents, including 235+ AI patents

• Targeting 13-15% CAGR over next five years under Lakshya 31-Plan

• Aiming for EBIT margins of 16-17%

• Divested SWC business to focus on Engineering Intelligence, Mobility, Sustainability and Tech segments