L&T Technology Services (LTTS) reported a stable and resilient performance in the third quarter of FY26, delivering double-digit revenue growth while maintaining a strong run of large deal wins. The engineering services company recorded revenue of ₹2,923 crore, marking a 10.2% year-on-year increase, driven by steady demand across engineering, digital, and AI-led service lines. Despite ongoing investments in next-generation capabilities, LTTS maintained operating discipline, with margins coming in at 14.6%. Net profit for the quarter rose marginally to ₹329 crore.
The quarter reflected LTTS’s ability to balance growth and profitability amid a complex global macro environment. Strong client spending in digital engineering, sustainability-focused solutions, and emerging AI-led offerings helped offset cost pressures linked to talent, platforms, and capability building. The company also continued to strengthen its order book, extending its streak of high-value contract wins across key verticals.
Commenting on the company’s performance, CEO and Managing Director Amit Chadha highlighted the consistency in deal momentum, saying, “We sustained the momentum in large deal wins delivering an average TCV of about $200 million for five consecutive quarters. The Sustainability segment continued to grow double digit on a year on year basis while Mobility is seeing a turnaround.” The sustained traction in sustainability-linked engineering services reflects rising client focus on energy efficiency, regulatory compliance, and greener product design, while the recovery in mobility signals improving demand across automotive and transportation programs.
Chadha also underlined the company’s strategic pivot toward advanced AI-driven solutions. “Our AI suite of offerings are evolving with the launch of new Agentic AI platforms, as we pivot to deliver full stack Engineering Intelligence solutions, which integrate physical and digital AI for our clients’ products and processes,” he said. This shift is aligned with LTTS’s long-term Lakshya growth plan, which emphasizes scalable platforms, deeper client engagement, and differentiated engineering capabilities.
Looking ahead, LTTS aims to build on its strong deal pipeline and expand its presence in high-growth areas such as AI-powered engineering, sustainability, and digital manufacturing. With consistent execution, a healthy order book, and continued investments in next-generation technologies, the company remains focused on delivering sustainable growth while enhancing value for global clients across industries.
 reported a stable and resilient performance in the third quarter of FY26, delivering double-digit revenue.....){kind=link}