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LT Tech Services Shares Rally Over 14 Percent On Strong Q2 Results
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Moneycontrol•21-10-2026, 11:21
LT Tech Services Shares Rally Over 14 Percent On Strong Q2 Results
- •L&T Technology Services shares surged over 14 percent in early trade following robust revenue and margin growth for the second quarter of FY27.
- •Consolidated revenue increased by 12.1 percent year-on-year to Rs 3,040 crore for the July-September quarter.
- •Net profit from continuing operations rose 19.6 percent to Rs 380 crore, with net income surging 66.8 percent year-on-year.
- •The company declared an interim dividend of Rs 20 per share with the record date set for October 27, 2026.
- •CEO Amit Chadha expressed confidence in the company's medium-term trajectory, supported by growing demand for Engineering Intelligence solutions.
Key Questions Answered
Shares of L&T Technology Services rallied over 14% following the release of strong revenue and margin growth in its second-quarter results for the financial year 2026-27.
Along with its quarterly financial results, L&T Technology Services declared an interim dividend of Rs 20 per share, with the record date set for October 27, 2026.
CEO Amit Chadha stated that the company's progress supports a long-term aspiration of achieving a 13-15% revenue CAGR with EBIT margins in the 16-17% range over the next five years.
