The Larsen & Toubro (L&T) subsidiary said the deal involves deploying its Engineering Intelligence (EI) capabilities across the client's end-to-end product development and engineering lifecycle
The platform is designed to help engineering and manufacturing firms move autonomous AI agents from pilots to production while keeping data and intellectual property within enterprise controls
Healthy growth and margin gains contrast with rising cost pressures and weaker profitability
While analysts acknowledged healthy margin expansion and improving management commentary, they said sustained deal wins and stronger execution remain key to a meaningful re-rating
Stocks to watch today: Indian stock market was slated to open on a positive note. On stock-specific front, IT stocks will be in focus after IBM's weak outlook.
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
Q1FY27 company results: Firms including Anand Rathi Share and Stock Brokers, Aditya Birla Money, Den Networks, and Hathway Bhawani Cabletel are also to release their April-June earnings today
Among the key announcements, L&T Technology Services has declared the highest dividend payout at ₹40 per share as final dividend, while Larsen & Toubro has announced a final dividend of ₹38 per share
LTTS plans to expand its AI and GenAI patent portfolio to 500 filings over three years as it sharpens focus on engineering innovation and enterprise AI adoption
Among the announcements, L&T Technology Services has declared the highest final dividend of ₹40 per share, with May 22, 2026, fixed as the record date to determine eligible shareholders
LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent
Stocks to Watch today, April 23, 2026: From Trent to SBI Life, here are few stocks that will be on investors' and traders' radar
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