LTTS Q2FY27 Revenue up 12.1% YoY to ₹30,404 Million; Net Profit surges 66.8%
L&T Technology Services reported Q2FY27 revenue of ₹30,404 million, up 12.1% YoY. Net Profit surged 66.8% YoY to ₹5,482 million, including a ₹1,650 million one-time gain. Large deal wins exceeded USD 200 million. The company declared an interim dividend of ₹20 per share, with a record date of October 27, 2026.
The robust financial performance, significant YoY growth, substantial deal wins, and positive future outlook indicate a high impact on the company's valuation and investor confidence.
The company reported strong year-on-year growth in both revenue and net profit, exceeding expectations and including significant deal wins. The positive outlook and interim dividend further contribute to a positive sentiment.
L&T Technology Services Limited (LTTS) announced its financial results for the second quarter ended September 30, 2026, reporting a revenue of ₹30,404 million, marking a 3.4% increase quarter-on-quarter (QoQ) and a 12.1% rise year-on-year (YoY). In USD terms, revenue stood at $317 million, with a 2.7% QoQ and 4.8% YoY growth in constant currency.
The company's Net Income for the quarter was ₹5,482 million, showing a significant growth of 53.7% QoQ and 66.8% YoY. This includes a one-time gain of ₹1,650 million from the divestment of the SWC business. The EBIT margin improved by 60 basis points QoQ to 16.3%.
LTTS recorded large deal Total Contract Value (TCV) wins of over USD 200 million in Q2, with AI-related deals constituting more than 50% of the total. Key wins included one USD 75 million deal, one USD 30+ million deal, one USD 25 million deal, and six deals exceeding USD 10 million each.
Amit Chadha, CEO & Managing Director, stated that the company's investments in Engineering Intelligence (EI) and a diversified portfolio are driving accelerated sequential growth. He highlighted the strong performance of Sustainability, Mobility, and Tech segments, with gross margins improving across all. The company launched an EI Lab in partnership with NVIDIA to build next-generation Physical AI-native applications. Annualized EI-led revenue reached USD 120 million. LTTS expects revenue momentum to strengthen in the second half of the fiscal year and maintains its long-term aspiration of 13-15% revenue CAGR with EBIT margins in the 16-17% range over the next five years.
An interim dividend of ₹20 per share was declared, with a record date of October 27, 2026. The company's patent portfolio stands at 1,808, and its employee strength was 24,035 as of September 30, 2026.
What to do with a filing like this
L&T Technology Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by L&T Technology Services Limited. Read the original for the full detail.