L&T Technology Services Limited, an engineering services company, on Wednesday reported Q1 net profit of ₹316 crore, up 1% YoY. The company’s revenue grew 16% YoY to ₹2,866 crore. Q1 FY26 was its third consecutive quarter of over $200 million in large deals, the firm said. Continuing the company’s large deals momentum, this quarter recorded several new deal bookings, including one $50 million, three deals in $20-30 million and six over $10 million deals, the company said.
“Backed by an increased order book and a focus on resilience and profitable growth, we expect to clock double-digit growth in FY26 and maintain our medium-term outlook of $2 billion revenue,” said Amit Chadha, CEO and Managing Director of L&T Technology Services Limited.
Published – July 16, 2025 09:24 pm IST
