L&T Technology Services

L&T Technology Services on Monday announced a five-year contract with Nokia to support engineering and research and development activities in India. The contract brings together LTTS' engineering capabilities with Nokia's telecommunications technology work, according to a release. The release did not divulge the size or financial details of the contract. Under the agreement, LTTS will support Nokia R&D programs across areas, including product engineering, software development, system integration, and product support. LTTS will establish a dedicated Offshore Development Center (ODC) in India to support Nokia's engineering and R&D initiatives. The ODC brings data-center-grade compute and AI-infrastructure engineering to next-generation telecom solutions. LTTS will also create a dedicated engineering team in India to support Nokia's technology center globally, with work spanning areas such as 5G networks, intelligent automation, AI-driven operations and AI ...

L&T Technology Services expects stronger growth in the second half of FY27, supported by large-deal ramp-ups, AI-led projects and operational efficiencies after a Q2 earnings beat

The new EI Lab will showcase AI-native factories, digital twins and autonomous systems, while LTTS plans a similar facility in the US by the end of FY27

Healthy growth and margin gains contrast with rising cost pressures and weaker profitability

L&T Technology Services reported a 17.4 per cent rise in Q1 profit and 11.5 per cent revenue growth, supported by mobility and sustainability businesses despite subdued constant-currency growth

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KPIT Technologies' weak outlook reflects slowing demand from European automakers, raising concerns over earnings and growth prospects for the broader engineering R&D sector

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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

AI-powered railway track inspection solution TrackEi leverages the Nvidia Jetson platform, offers real-time defect detection and predictive maintenance

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