L&T Technology Services540115Quarterly results
Q2FY27 results: revenue up 12.1% YoY, net profit up 66.8% YoY, interim dividend of ₹20 per share
Revenue ₹30,404 million, up 12.1% YoY.
By ScoutQuest · · 2 min read
- Revenue
- ₹30,404 million, up 12.1% YoY
- Net Income
- ₹5,482 million, up 66.8% YoY (includes one-time gain of ₹1,650 million from SWC business disinvestment)
- EBIT margin
- 16.3%
Results at a glance
- Revenue for the quarter ended September 30, 2026 was ₹30,404 million, up 12.1% from the same quarter a year earlier.
- Net Income was ₹5,482 million, up 66.8% year on year. This includes a one-time gain of ₹1,650 million from the disinvestment of the SWC business.
- EBIT margin stood at 16.3%.
- The company declared an interim dividend of ₹20 per share, with a record date of 27 October 2026.
What supported the quarter
- The management commentary described demand as broad-based: Sustainability delivered its strongest growth in this quarter, Mobility kept up its momentum, and Tech remained steady, with gross margins improving across all segments.
- Large deal wins in the quarter had a total contract value of USD 200+ Mn, with AI-related deals accounting for over 50% of the total.
- The wins listed span a global telecommunications equipment provider (an agreement covering product development and a dedicated Engineering Center), an automotive technology provider, a European food and beverage company for Industry 4.0, an energy services provider, global energy majors, a cleaning equipment maker for robotics engineering, and a global technology leader for field, cellular and connectivity testing.
- The company pointed to its EI platform, EIOne, along with partnerships with AI and hyperscaler companies, as reasons for growing client traction.
One detail to read closely
- A large part of the year-on-year jump in Net Income comes from the one-time gain linked to the SWC business disinvestment. Net income from continuing operations rose at a slower pace than the headline Net Income, so the EBIT figure and the EBIT margin are worth reading alongside the profit number to judge the regular business.
What management said about the road ahead
- Management said it expects revenue momentum to strengthen in H2 while sustaining healthy EBIT margins, helped by an improving order backlog and pipeline and several large deals in play. These are forward-looking statements and actual outcomes can differ.
How to read this
- The update reports higher revenue, a higher margin and a profit number lifted by a one-time gain, plus a dividend with a record date later this month. For a retail reader, the useful split is between the operating performance (revenue, EBIT, margin) and the one-time item inside Net Income.
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More numbers
- Revenue for the quarter₹30,404 million
- Revenue growth YoY12.1%
- Net Income₹5,482 million
- Net Income growth YoY66.8%
- One-time gain from SWC business disinvestment₹1,650 million
- EBIT margin16.3%
- Interim dividend per share₹20 per share
- Large deal TCV wins in the quarterUSD 200+ Mn
Source: BSE · 19 Oct 2026
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