“Our strong momentum of large deal wins continued as we touched a record high TCV of near $300 million in the quarter,” says Amit Chadha, CEO & Managing Director, L&T Technology Services Limited.
| Photo Credit: Special Arrangement
L&T Technology Services (LTTS) on Friday reported a 2.8% year-on-year increase in net profit to ₹328.7 crore in the second quarter of FY26 over ₹319.6 crore in the year-ago period,
It posted a revenue of ₹2,979.5 crore, 15.8% as against ₹2,573 crore it registered in the same a year ago.
The company announced an interim dividend of ₹18 per share in the quarter. It also saw patent filings crossing 1,600 mark, 216 patents in AI/Gen AI alone.
Amit Chadha, CEO & Managing Director, L&T Technology Services Limited said, “Our strong momentum of large deal wins continued as we touched a record high TCV of near $300 million in the quarter.’‘
In the face of shifting 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 tech segment remaining resilient, he added.
“Building an AI-first delivery model, our investments in Gen AI, Agentic AI and Physical AI have helped consolidate our leadership position in engineering and industrial AI,’‘ he added.
Published – October 17, 2025 08:37 pm IST
