L&T Technology Services Reports Strong Q2 Growth with AI-Driven Strategy
L&T Technology Services (LTTS) posted a 16% year-on-year revenue increase to ₹2,980 crore ($360 million) for Q2 FY2026, fueled by record-breaking $300 million in large deal wins. Net profit ROSE 4.1% quarterly to ₹329 crore, with EBIT margins holding steady at 13.4%. The firm announced an ₹18/share interim dividend, payable October 2025.
CEO Amit Chadha credits the performance to strategic AI investments and multi-segment diversification. The Sustainability vertical delivered consecutive quarters of double-digit growth, while new AI platforms like Qguard.ai and PLxAI gained traction. A collaboration with MIT Media Lab aims to accelerate AI innovation across Mobility and Sustainability sectors.
LTTS now holds 1,601 patents—216 specifically in AI—and maintains 23,678 employees. The Caterpillar Supplier Excellence certification, awarded for the second straight year, underscores operational rigor. Though not a crypto-native firm, LTTS' AI infrastructure developments could indirectly benefit blockchain projects requiring scalable compute solutions.
