L&T Technology Services540115IT services, engineering
LTTS management discussed AI-led growth, margin expansion and segment performance after quarterly results
By ScoutQuest · · 1 min read
- AI share of large deal TCV
- more than 50 percent
- Large deal TCV
- 200 million dollars
- AI patents shared
- 250 patents
- AI business annualized revenue
- 120 million dollars
- AI share of annual revenue
- 10 percent
Heard on business television between 09:53:05 - 09:56:05 IST.
- Over 50% of the $200 million TCV deal wins came from AI, with AI-led revenues set to expand rapidly
- Company has shared more than 250 patents in AI; AI business annualized revenue around $120 million, about 10% of total revenue
- Six strategic bets account for 50% of revenue today, expected to be over 80% in five years, including AI-led mobility, software, MedTech, digital manufacturing/physical AI, and plant build-out
- EBIT margin crossed 16% for second straight quarter; management targets mid-16% range, aided by AI training of 65% of staff, improved offshore mix, and new data center offering
- Europe Auto recovery now expected in about a year (revised from two years); Munich EI center set up to capture new European spend; Medtech program ending with successor yet to start; tech segment expected to recover in a couple of quarters
- Revenue per share expanded from ₹120 to ₹145 plus annualized; EI1 platform has more than 40 clients; physical AI lab launched; farm and fellow program launched in Bangalore
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Source: Live TV News Channel · 21 Oct 2026
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