Stories
LTTS Q2 Net Profit Soars 54% to ₹548 Crore, Beats Estimates
C
CNBC TV18•19-10-2026, 17:20
LTTS Q2 Net Profit Soars 54% to ₹548 Crore, Beats Estimates
- •L&T Technology Services reported a 53.7% quarter-on-quarter jump in consolidated net profit to ₹548.2 crore for the September quarter, comfortably beating poll estimates.
- •Revenue rose 3.4% sequentially to ₹3,040 crore, while EBIT increased 7.7% to ₹497 crore with margins improving to 16.3%.
- •CEO Amit Chadha stated that the company expects revenue growth to gain momentum in the second half of FY27, backed by a strong project pipeline.
- •LTTS declared an interim dividend of ₹20 per equity share with October 27, 2026, set as the record date.
- •AI-related projects accounted for over half of the $200 million total contract value in large deals secured during the quarter.
Key Questions Answered
L&T Technology Services reported a 53.7% quarter-on-quarter jump in consolidated net profit to ₹548.2 crore for the September quarter of FY27, beating poll estimates. Revenue rose 3.4% sequentially to ₹3,040 crore.
LTTS declared an interim dividend of ₹20 per equity share with a face value of ₹2 each for FY27, setting October 27, 2026, as the record date to determine eligible shareholders.
AI-related projects accounted for over half of the more than $200 million in total contract value secured by LTTS through large deals during the September quarter.
