“Our strong momentum of winning large deals continued as we touched a record high TCV of nearly $300 million in the quarter,” says Amit Chadha, CEO and Managing Director, L&T Technology Services Ltd. , Photo Credit: Special Arrangement
L&T Technology Services (LTTS) on Friday reported 2.8% year-on-year rise in net profit at ₹328.7 crore in Q2FY26, from ₹319.6 crore in the year-ago period.
It reported revenue of ₹2,979.5 crore, up 15.8% compared to the year-ago revenue of ₹2,573 crore.
The company declared an interim dividend of ₹18 per share in the quarter. It also saw patent filings cross the 1,600 mark, with 216 patents in AI/Gen AI alone.
“Our strong momentum of winning large deals continued as we touched a record high TCV of nearly $300 million in the quarter,” said Amit Chadha, CEO and Managing Director, L&T Technology Services Limited.
He said, in the face of changing market dynamics and geopolitical unpredictability, the company’s ‘Go Deeper to Scale’ and multi-segment strategy helped it grow with the sustainability segment achieving double-digit annual growth for two consecutive quarters and the technology segment remaining resilient.
“Building an AI-first delivery model, our investments in Gen AI, Agentic AI and Physical AI have helped solidify our leadership position in engineering and industrial AI,” he said.
published – October 17, 2025 08:37 PM IST
