L&T Technology Services Reports 24% Profit Surge in Q4, Declares Rs 40 Dividend
L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividend
The Economic TimesImage: The Economic Times
L&T Technology Services (LTTS) reported a 24% year-on-year increase in net profit to ₹347 crore for Q4, with revenue rising 8% to ₹2,858 crore. The company declared a final dividend of ₹40 per share, driven by growth in high-value engineering and AI-led services.
- 01Net profit rose 24% YoY to ₹347 crore in Q4.
- 02Revenue increased 8% YoY to ₹2,858 crore.
- 03Final dividend of ₹40 per share declared.
- 04Sustainability segment drove growth, while mobility showed signs of recovery.
- 05LTTS targets 13-15% CAGR over the next five years under its Lakshya 31 plan.
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L&T Technology Services (LTTS) reported a 24% year-on-year increase in net profit, reaching ₹347 crore for the March quarter, while revenue grew 8% to ₹2,858 crore. The company attributed this growth to steady deal wins and a strategic focus on higher-value engineering and AI-led services. Sequentially, profit rose 9%, and revenue was up 2.5%. The board declared a final dividend of ₹40 per share, reflecting confidence in ongoing performance. The EBIT for the quarter increased 24% YoY to ₹435 crore, with an EBIT margin of 15.2%. LTTS's revenue growth was bolstered by large deal wins, maintaining a consistent booking of around $200 million over six consecutive quarters, totaling over $850 million for FY26. The sustainability segment showed strong traction, while mobility is expected to improve after previous weaknesses. North America remained the primary revenue contributor, accounting for over 60% of total revenue. LTTS's strategic divestment of its SWC business aims to enhance profitability and focus on core engineering capabilities. For FY26, the company reported revenue of ₹10,996 crore, up 14% YoY, and a net profit increase of 7% to ₹1,282 crore.
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The profit increase and dividend declaration signal positive financial health for LTTS, which could enhance investor confidence and attract potential clients.
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