L&T Technology Services540115Dividend news update
Board declares interim dividend of Rs. 20/- per share; record date October 27, 2026
Record date to decide who gets the interim dividend of Rs. 20/- per equity share is Tuesday, October 27, 2026.
By ScoutQuest · · 3 min read
- Interim Dividend Per Share
- Rs. 20/- per equity share
- Record Date
- Tuesday, October 27, 2026
- Face Value
- Rs. 2/- each
Dividend and record date
- The Board of Directors declared an interim dividend of Rs. 20/- per equity share of face value Rs. 2/- each for the financial year 2026-27.
- The record date for determining the members eligible to receive this dividend is Tuesday, October 27, 2026.
- The Board meeting was held on October 19, 2026 and ran from 1:30 p.m. to 3:35 p.m. (IST).
What the record date means for a shareholder
- Eligibility is decided by whose name appears in the company's register of members on the record date, not by when the dividend is paid.
- Dividend income is taxable in the hands of shareholders, and the company is required to deduct tax at source at the prescribed rates.
- Members are requested to submit the requisite documents on or before Tuesday, October 27, 2026 so that the correct TDS rate can be applied.
Results approved at the same meeting
- The Board approved the unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026, after the statutory auditors issued their limited review reports.
- Revenue from operations for the quarter ended September 30, 2026 was 30,404 and for the six months ended September 30, 2026 was 59,805, in a statement drawn up in Rs. Million.
- Profit before exceptional items and tax from continuing operations for the quarter was 5,135.
- Net profit for the period, which includes discontinued operations, was 5,487 for the quarter.
Gain on the business transfer
- The company had entered into a Business Transfer Agreement on March 25, 2026 to transfer its Smart World and Communication (SWC) business unit, part of the Tech segment, to AMI Paradigm Solutions Private Limited on a going concern basis.
- The sale was concluded and the SWC business unit transferred on September 1, 2026, with a gain of 1,650 (net of tax) recognised for the quarter and six months under discontinued operations, in the same Rs. Million statement.
Other points to note
- During the quarter and six months ended September 30, 2026, the company allotted 88,125 equity shares of Rs. 2 each, fully paid-up, on exercise of stock options by employees under the company's stock option scheme.
- The auditors' review reports state that nothing came to their attention suggesting the statements contain a material misstatement; the results were reviewed by the Audit Committee and approved by the Board.
How to read this announcement
- This is a routine board outcome covering two things at once: a cash dividend with a fixed eligibility date, and the quarterly and half-yearly results.
- The dividend figure that matters for an eligible holder is the per-share amount of Rs. 20/- on a share of face value Rs. 2/-; the practical dates to watch are the record date for eligibility and the company's TDS documentation cut-off, both October 27, 2026.
- The results show a one-time gain from the SWC business transfer booked under discontinued operations, which sits alongside profit from continuing operations in the reported numbers.
Also from L&T Technology Services
L&T Technology Services posted strong Q2 results with margin beat and revenue momentum, though stock remains under pressure; brokerages gave mixed reviews
21 Oct 2026
L&T Technology Services stock surged over 9.5% on strong Q2 earnings driven by AI-led (engineering intelligence) revenue growth, with multiple brokerages raising target prices
21 Oct 2026
L&T Technology Services stock surged over 9.5% in trade, cooling slightly from the day's highs
21 Oct 2026
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 (Rs. Million)30,404
- Revenue from operations, six months ended Sep 30, 2026 (Rs. Million)59,805
- Profit before exceptional items and tax from continuing operations, quarter (Rs. Million)5,135
- Net profit for the period, quarter (Rs. Million)5,487
- Gain on transfer of SWC business unit, net of tax (Rs. Million)1,650
- Equity shares allotted on exercise of stock options, six months88,125
Source: BSE · 19 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.