L&T Technology Services reported a consolidated net profit of Rs 328.7 crore, up 2.85% year-on-year and 4.12% quarter-on-quarter (QoQ). The company had posted a consolidated net profit of Rs 319.6 crore in Q2FY25 and Rs 315.7 crore in Q1FY26.
LTTS has announced an interim dividend of Rs 18 per share, with October 27 as the record date.
Large deal win touched a record high TCV of near-$300 Mn
The company achieved a record high total contract value (TCV) of nearly $300 million during the quarter, led by several large multi-year agreements across key segments. Major wins included a $100 million deal in its Sustainability segment with a U.S.-based semiconductor equipment maker and a $60 million contract in the Tech segment from a U.S. telecom services provider.
The company’s revenue stood at Rs 2,980 crore, marking a 15.8% year-on-year and 4% quarter-on-quarter growth. EBIT for the quarter was Rs 398 crore, with an EBIT margin of 13.4%.