Quarterly Result16 Jul 2025, 05:08 pm
L&T Technology Services Reports 16% Growth in Q1FY26, Records Three USD 20-30 Mn Deals and Six USD 10+ Mn Deals
AI Summary
L&T Technology Services Limited, India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2025. The company reported a revenue of ₹2,866 crore, up 16% YoY, and a net profit of ₹316 crore, up 1% YoY. The quarter saw several new deal bookings, including a USD 50 Mn deal, three deals in the USD 20-30 Mn range, and six deals in the USD 10+ Mn range. The company also announced the launch of PLxAl, its proprietary AI framework, and the opening of a new design center in Plano, Texas, specializing in advanced technologies, cybersecurity, and AI.
Key Highlights
- Revenue at ₹2,866 crore, growth of 16.4% YoY
- USD Revenue at $335.3 million, growth of 13.6% YoY
- EBIT margin at 13.3%
- Net profit at ₹316 crore, growth of 0.7% YoY
- Launched PLxAl, proprietary AI framework for product development lifecycle acceleration