LTTS CFO Rajeev Gupta says AI-led deals accounted for half of the company's $203 mn large deal wins in Q2FY27, while sustainability and mobility growth support its outlook for a stronger second half
Thus far in October, the Nifty IT index has rallied 16% as TCS, Tech Mahindra, Wipro, Infosys and Mphasis surged in the range of 18-23% amid Q2 earnings cheer.
L&T Technology Services reported 12.1% revenue growth to Rs 3,040 crore in Q2FY27, while net profit included a one-time gain of Rs 165 crore and large deal wins topped $200 million
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
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
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
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
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
L&T Technology Services (LTTS) CEO and MD Amit Chadha drew a total remuneration of Rs 14.96 crore for financial year 2025-26, a decline of 17.4 per cent from the previous year, according to the company's annual report. Chadha's compensation package for the fiscal year included a base salary of Rs 5.77 crore, a commission of Rs 2.62 crore, and variable pay of Rs 1.68 crore. Additionally, he received Rs 4.88 crore as perquisites related to the exercise of Employee Stock Ownership Plans (ESOPs) granted over the past several years. The annual report noted that Chadha's remuneration was paid in US dollars, and the reported figure is the Indian rupee equivalent. Despite the double-digit drop in his overall pay, the CEO's remuneration was 147.63 times the median remuneration of LTTS employees. The median salary of the company's employees stood at Rs 10.1 lakh as of March 31, 2026, registering an increase of 3.91 per cent during the financial year. Meanwhile, Chief Financial Officer
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
Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday
L&T Technology Services (LTTS) reported a consolidated net profit of ₹302.6 crore in Q3FY26, marking a 6 per cent year-on-year (Y-o-Y) drop, from ₹322.4 crore
Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.
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
Q3FY26 company results: Firms including Alok Industries, Angel One, South Indian Bank, Nelco, and Smartworks Coworking are also to release their October-December earnings reports today
The Nifty IT index needs to breakout above 38,500 resistance, for a likely 13 per cent rally, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.
Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.
Analysts at Choice Institutional Equities have upgraded LTTS to 'Buy' from 'Add', while Centrum Institutional Research has maintained its 'Neutral' rating on the stock
L&T Technology Services (LTTS) has secured a $60 million multi-year agreement with a US-based telecommunications provider, marking its fourth $50 million-plus deal in the last year