L&T Technology Services

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L&T Technology Services (LTTS) on Wednesday reported a 6.75 per cent year-on-year rise in consolidated net profit at Rs 332 crore in the January-March quarter of FY26. The company had reported a net profit of Rs 311 crore in the March quarter of FY25. The company's revenue from operations rose 8.3 per cent to Rs 2,857.9 crore in Q4 FY26, as compared to Rs 2,637.8 crore in the year-ago period, according to a regulatory filing. On a quarter-on-quarter basis, profit and revenue climbed by 9.7 per cent and 2.5 per cent, respectively. For the full fiscal year ended March 31, 2026, LTTS posted a net profit of Rs 1,279.2 crore, reflecting a marginal hike of 0.98 per cent from Rs 1,266.7 crore in FY25. Revenue from operations came in 14 per cent higher at Rs 10,995.9 crore in FY26. LTTS' FY26 large-deal bookings crossed USD 850 million. The total included one USD 75 million deal, two deals valued at more than USD 20 million each, one deal of over USD 15 million, and three deals worth mor

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LTTS CEO Amit Chaddha says the mobility business is set for a turnaround from Q4 as the firm pivots to engineering intelligence and reshapes its portfolio under a new five-year strategy

L&T Technology Services said that the new labour codes have resulted in a material increase in provision for employee benefits on account of recognition of past service costs

AI-driven automation is helping LTTS decouple revenue growth from workforce expansion, with productivity gains expected to reduce headcount in Q3

IT company L&T Technology Services on Saturday said it has bagged a multi-year contract worth USD 60 million (about Rs 510 crore) from a prominent US-based wireless telecommunications services provider. Under the agreement, LTTS will deliver advanced network software development and application engineering solutions. "L&T Technology Services wins around USD 60 million software engineering engagement from US Tier-I Telecom Provider," LTTS said in a statement. LTTS will establish a delivery centre in the United States to further support and enhance project delivery. Under the terms of the agreement, LTTS will provide crucial engineering services, including research and development lab integration, new product development, and functionality testing for the customer's network software automation platforms.

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L&T Technology Services will set up offshore development centre for NYSE-listed company

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Global brokerage Macquire double upgraded the stock to 'Outperform' for a target of Rs 6,530 per share, as per reports. The brokerage expects growth to pick up in plant and engineering

The uptick in the L&T Tech share price came after the company announced that it has been awarded a multi-year $80 million deal with a US-based manufacturer of industrial products and solutions

Management maintains FY25 guidance of 8-10 per cent revenue growth in CC, which implies a steep growth rate of 4.5-7 per cent growth per quarter in H2FY25

BENGALURU (Reuters) - Indian engineering research and development services provider L&T Technology Services reported a 7% rise in its fourth-quarter revenue on Thursday, in line with street expectations, aided by strong deal wins.

LTTS attended the Nvidia GTC global AI conference and revealed its plans to upskill its engineers in software such as Nvidia AI Enterprise, including Nvidia NeMo, Nvidia NIM

The capital will support the firm's continued enhancement of the technology as well as recruitment of top-tier talent and expansion of its product teams

Chandra has been with the L&T Group since October 2013

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Larsen and Toubro Technology Services (LTTS) has partnered with Google Cloud for implementing generative technology in operations, the company said on Tuesday. LTTS is the digital engineering and R&D services company under Larsen and Toubro Group. LTTS Developer Experience platform (DevX) is designed for engineering services, offering API-enabled solutions across industries, the company said in a statement. The company said it will combine its expertise with Google Cloud for developing the platform and optimise test case generation by integrating gen AI into the development code and automating code generation to reduce manual efforts and boost development efficiency. LTTS Chief Operating Officer Abhishek Sinha said, "This partnership not only propels us closer to our gen AI goals but also cements our commitment to revolutionizing engineering and digital solutions for the benefit of multiple industries. As LTTS and Google Cloud embark on this transformative journey, the engineering