L&T Technology Services quarterly results and financials

L&T Technology Services (LTTS)₹4,202−1.45%(9 Nov 2026 close)IT Enabled Services

Key facts

In the Sep 2026 quarter (consolidated), L&T Technology Services reported sales of ₹3,041 Cr, up 12.0% from Sep 2025, and net profit of ₹548 Cr, up 66.9% year on year. For the year to Mar 2026, sales were ₹10,993 Cr and net profit ₹1,280 Cr.

Sales (Sep 2026): ₹3,041 Cr
Net profit (Sep 2026): ₹548 Cr
Sales (FY Mar 2026): ₹10,993 Cr
Net profit (FY Mar 2026): ₹1,280 Cr
EPS (Sep 2026): ₹51.58
Borrowings (Mar 2026): ₹578 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

L&T Technology Services quarterly results

₹ crore unless stated; each column is a quarter.

L&T Technology Services Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	2,423	2,541	2,464	2,576	2,656	2,638	2,639	2,715	2,788	2,857	2,944	3,041
Expenses	1,932	2,032	2,002	2,103	2,156	2,200	2,193	2,235	2,287	2,332	2,390	2,451
Operating Profit	489	505	457	468	496	434	442	476	499	522	549	588
OPM %	19.9%	19.9%	19.0%	17.9%	18.9%	16.0%	16.9%	16.9%	17.9%	17.9%	18.9%	19.0%
Other Income	61.88	55.88	61.86	64.90	33.96	79.82	82.80	76.82	8.98	30.94	33.93	200
Interest	12.96	12.97	12.97	11.96	15.95	15.95	15.96	15.97	14.96	16.97	13.97	13.96
Depreciation	71.95	74.94	72.91	77.87	72.90	80.90	80.91	91.82	85.88	85.97	86.90	88.96
Profit before tax	465	470	432	441	440	415	426	443	405	448	480	681
Tax %	28.0%	28.0%	27.0%	27.1%	27.1%	25.0%	26.0%	26.0%	25.0%	26.1%	26.0%	20.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	30.93	15.95	11.97	−14.96	−13.96	4.98	168
Net Profit	337	341	314	320	320	310	316	329	303	333	357	548
EPS (Rs)	31.74	32.15	29.59	30.14	30.40	29.30	29.74	30.96	28.48	31.27	33.54	51.58

L&T Technology Services profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

L&T Technology Services Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	3,068	3,252	3,748	5,083	5,620	5,452	6,578	8,024	9,658	9,642	10,993	11,630
Expenses	2,543	2,658	3,165	4,155	4,499	4,437	5,144	6,290	7,716	7,836	9,045	9,459
Operating Profit	521	588	578	918	1,113	1,010	1,420	1,716	1,925	1,796	1,940	2,159
OPM %	16.9%	17.9%	14.9%	17.9%	19.9%	17.9%	21.9%	20.9%	19.9%	19.0%	17.9%	18.6%
Other Income	83.90	57.87	193	223	209	154	152	208	207	282	200	273
Interest	1.99	1.99	1.99	1.99	35.90	45.88	43.89	43.87	50.88	55.82	63.88	59.86
Depreciation	58.95	61.93	88.89	104	183	218	214	232	272	303	345	348
Profit before tax	541	579	677	1,029	1,098	896	1,308	1,641	1,801	1,709	1,723	2,015
Tax %	23.0%	27.0%	25.0%	26.0%	25.0%	26.0%	27.0%	29.1%	28.0%	26.0%	26.1%	—
Exceptional items	0.00	−0.99	0.00	0.00	−1.99	13.97	21.93	29.93	13.96	2.99	−71.78	144
Net Profit	419	425	507	767	821	665	960	1,173	1,306	1,262	1,280	1,541
EPS (Rs)	55.77	41.72	49.30	73.48	78.21	63.02	90.49	110.45	122.93	119.33	120.43	144.87
Dividend payout %	26.0%	29.0%	32.0%	29.0%	27.1%	35.1%	39.0%	41.0%	41.0%	46.1%	48.0%	—

L&T Technology Services balance sheet

₹ crore, at each year end.

L&T Technology Services Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	301	301	20.09	20.08	21.07	21.09	21.10	21.08	21.09	21.09	21.09	21.08
Reserves	1.99	764	1,461	1,913	2,454	2,743	3,448	4,134	4,925	5,303	6,047	6,444
Borrowings	967	196	102	70.03	70.00	29.97	480	477	454	659	578	578
Other Liabilities	507	682	647	699	806	1,511	1,118	1,445	1,505	2,509	2,984	3,455
Total Liabilities	1,777	1,942	2,231	2,703	3,352	4,305	5,067	6,077	6,907	8,491	9,630	10,498
Fixed Assets	567	620	612	707	778	1,172	1,279	1,280	1,292	1,610	2,240	2,246
CWIP	0.00	13.96	1.99	0.00	0.00	8.97	11.97	9.97	5.98	12.97	27.94	11.97
Investments	0.00	56.01	195	221	576	643	1,517	1,478	2,286	1,494	1,311	1,899
Other Assets	1,209	1,253	1,422	1,775	1,998	2,483	2,259	3,309	3,322	5,375	6,052	6,340
Inventories	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.01	4.01	6.01
Trade receivables	686	728	712	964	1,066	1,383	1,238	1,699	1,734	2,185	2,520	2,018
Cash & equivalents	115	83.15	67.10	154	205	244	233	675	690	1,390	1,567	1,651
Total Assets	1,777	1,942	2,231	2,703	3,352	4,305	5,067	6,077	6,907	8,491	9,630	10,498

L&T Technology Services cash flow

₹ crore, for each year.

L&T Technology Services Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	289	544	387	409	805	637	1,330	1,005	1,303	1,491	1,479	1,455
Cash from investing activity	−665	−176	−178	−196	−508	−221	−1,003	−447	−571	−232	−508	−442
Cash from financing activity	463	−382	−221	−132	−244	−405	−362	−497	−443	−656	−715	−797
Net cash flow	86.09	−15.03	−12.02	81.08	52.08	10.02	−36.06	60.13	290	603	255	213
Capex	53.78	127	45.81	86.65	89.67	152	76.66	161	175	252	112	184
Free cash flow	236	417	343	323	716	486	1,256	849	1,130	1,250	1,376	1,278
CFO / OP %	89.0%	137.0%	92.9%	100.9%	119.0%	77.0%	157.0%	96.0%	103.9%	104.9%	110.0%	96.0%

L&T Technology Services ratios

Working-capital days and returns, by year.

L&T Technology Services Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	96	86	80	94	76	90	83	94	79	82	95	67
Cash conversion cycle	96	86	80	94	76	90	83	94	79	82	95	67
Working capital days	68	19	49	71	53	67	45	50	39	39	37	36
ROCE %	—	43.0%	41.0%	38.0%	45.0%	43.0%	27.0%	31.0%	33.0%	32.0%	27.1%	27.1%

L&T Technology Services: frequently asked questions

What are the latest quarterly results of L&T Technology Services?

For the Sep 2026 quarter, L&T Technology Services reported sales of ₹3,041 Cr, up 12.0% year on year and net profit of ₹548 Cr, up 66.9% year on year. The operating margin was 19.0%.

What is the annual revenue of L&T Technology Services?

L&T Technology Services' sales for the year to Mar 2026 were ₹10,993 Cr; over the last twelve months they were ₹11,630 Cr.

What is the net profit of L&T Technology Services?

Net profit for the year to Mar 2026 was ₹1,280 Cr, and ₹1,541 Cr over the last twelve months. Earnings per share over the same trailing period were ₹144.87.

How much debt does L&T Technology Services have?

L&T Technology Services reported borrowings of ₹578 Cr at Mar 2026, against cash and equivalents of ₹1,651 Cr.

What is the free cash flow of L&T Technology Services?

Cash from operations was ₹1,455 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,278 Cr.

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