L&T Technology Services Q2 FY27: revenue up 12.1% YoY to ₹30,404 million, EBIT margin reaches 16.3%
Q2 FY27 revenue up 12.1% YoY to ₹30,404 million; EBIT margin 16.3%, up 220 bps YoY; net income up 66.8% incl. one-time gain.
By ScoutQuest · · 1 min read
- Q2 FY27 Revenue
- ₹30,404 million, up 3.4% QoQ and 12.1% YoY
- EBIT Margin
- 16.3%, up 220 bps YoY; EBIT ₹4,966 million
- Net Income
- ₹5,482 million, up 66.8% incl. one-time ₹1,650 million gain
- Period
- Q2 FY27
- Positioning
- LTTS describes itself as transforming into a leading Engineering Intelligence company serving Mobility, Sustainability and Tech segments, with about 61% of revenue from North America.
📈 Q2 FY27 revenue was ₹30,404 million, up 3.4% QoQ and 12.1% YoY; USD revenue was $317.1 million, up 2.7% QoQ in constant currency. EBIT rose to ₹4,966 million with margin at 16.3%. Net income of ₹5,482 million includes a one-time ₹1,650 million gain from the SWC disinvestment; net income from continuing operations was ₹3,796 million, up 19.7% YoY.
📉 Sustainability grew 13.4% YoY and is now 38.0% of revenue, while Tech declined 8.5% YoY. Offshore share rose to 55.9%. YTD FY27 free cash flow was ₹7,896 million, 108% of net income.
🎯 Management states large-deal TCV exceeded USD 200 million, with AI-led deals over 50%, and that annualized EI-led revenue reached USD 120 Mn. The CEO says the mid-16% margin aspiration was achieved ahead of schedule.
📋 The company says it expects revenue momentum to strengthen in H2 while sustaining healthy EBIT margins, citing an improving backlog and pipeline, and reiterates a long-term aspiration of 13-15% revenue CAGR with 16-17% EBIT margins over the next five years.
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More numbers
- Revenue, Q2 FY27₹30,404 million
- Revenue YoY growth, Q2 FY2712.1%
- EBIT, Q2 FY27₹4,966 million
- EBIT margin, Q2 FY2716.3%
- Net Income, Q2 FY27₹5,482 million
- One-time gain from SWC disinvestment₹1,650 million
- Net Income from continuing operations, Q2 FY273,796 (Amount in ₹ million)
- Interim dividend per share₹20
- Free Cash Flow, YTD FY277,896 (Amount in ₹ million)
- Shareholders' Funds, 30-Sep-2670,810 (Amount in ₹ million)
- Total Headcount, Q2 FY2724,035
- Voluntary attrition (LTM), Q2 FY2714.7%
- Patent portfolio, end Q2 FY271,808
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