L&T Technology Services540115Dividend news update
Board declares interim dividend of Rs. 20 per equity share, approves Q2 and H1 FY 2026-27 results
Board declared an interim dividend of Rs. 20/- per equity share (face value Rs. 2/-) for FY 2026-27.
By ScoutQuest · · 2 min read
- Interim Dividend Per Share
- Rs. 20/- per equity share
- Face Value
- Rs. 2/-
- Record Date
- Tuesday, October 27, 2026
The Board of Directors of L&T Technology Services met on October 19, 2026 and declared an interim dividend for FY 2026-27, along with approving the unaudited financial results for the quarter and half year ended September 30, 2026.
Dividend details
- Interim dividend of Rs. 20/- per equity share of face value Rs. 2/- each for the financial year 2026-27.
- Record date fixed as Tuesday, October 27, 2026, for determining members eligible to receive the interim dividend.
- Dividend income is taxable in the hands of shareholders and the company will deduct tax at source at the prescribed rates. Members are requested to submit requisite documents on or before October 27, 2026 so the correct TDS rate can be applied.
- The Board meeting commenced at 1:30 p.m. (IST) and concluded at 3:35 p.m. (IST).
What the results show (consolidated, unaudited)
- Revenue from operations for the quarter ended September 30, 2026: ₹ 30,404 million, against ₹ 27,133 million in the same quarter last year.
- Net profit for the quarter: ₹ 5,487 million, against ₹ 3,292 million a year earlier.
- For the six months ended September 30, 2026: revenue from operations ₹ 59,805 million (compared with ₹ 53,509 million) and net profit ₹ 9,058 million (compared with ₹ 6,453 million).
- Profit before tax from continuing operations for the quarter was ₹ 5,135 million; total tax expense was ₹ 1,334 million.
- Basic earnings per share for the quarter (continuing and discontinued operations) was 51.67.
Business transfer and discontinued operations
- Under a Business Transfer Agreement dated March 25, 2026, the company transferred its Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited on a going concern basis.
- The sale was concluded on September 1, 2026, and a gain of ₹ 1,650 Million (net of tax) was recognised for the quarter and six months, shown under discontinued operations.
- Profit from discontinued operations for the quarter was ₹ 1,686 million; for the six months it was ₹ 3,735 million.
Segment picture for the quarter
- Mobility revenue ₹ 9,819 million, Sustainability ₹ 11,566 million, Tech ₹ 9,019 million.
- Segment results: Mobility ₹ 1,664 million, Sustainability ₹ 3,415 million, Tech ₹ 1,078 million.
Balance sheet and cash (consolidated)
- Total assets ₹ 103,707 million as at September 30, 2026, against ₹ 104,889 million as at March 31, 2026.
- Total equity ₹ 71,016 million; cash and cash equivalents ₹ 14,394 million.
- Net cash generated from operating activities for the six months was ₹ 5,588 million.
- Dividend paid during the six months was ₹ 4,235 million.
Other points
- During the quarter and six months, the company allotted 17,675 and 88,125 equity shares of Rs. 2 each, fully paid-up, on exercise of stock options by employees.
- The statutory auditors (MSKA & Associates LLP) carried out a limited review of the results and issued an unmodified conclusion.
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More numbers
- Interim dividend per equity share, FY 2026-27Rs. 20/-
- Face value per equity shareRs. 2/-
- Revenue from operations, quarter ended Sep 30, 2026₹ 30,404 Million
- Net profit for the quarter₹ 5,487 Million
- Revenue from operations, six months ended Sep 30, 2026₹ 59,805 Million
- Net profit for the six months₹ 9,058 Million
- Gain on sale of SWC business unit, net of tax₹ 1,650 Million
- Cash and cash equivalents as at Sep 30, 2026₹ 14,394 Million
Source: BSE · 19 Oct 2026
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