Net profit stood at ₹357 crore, marginally below the CNBC-TV18 poll estimate of ₹358 crore, but up 7.4% sequentially from ₹332 crore in the March quarter.
Revenue from operations rose 2.9% quarter-on-quarter to ₹2,940 crore, ahead of the CNBC-TV18 poll estimate of ₹2,912 crore. Dollar revenue came in at $310 million, compared with the poll estimate of $308.5 million, while constant currency revenue grew 1.5% sequentially, beating expectations of a 1.1% increase.
EBIT stood at ₹461.3 crore, higher than the CNBC-TV18 poll estimate of ₹451 crore, while the EBIT margin expanded to 15.7% from 15.2% in the March quarter, ahead of Street expectations of 15.5%.
The company said its large deal momentum remained strong during the quarter, securing one deal worth over $30 million, one deal above $20 million and four deals exceeding $10 million.
Commenting on the results, Chief Executive Officer and Managing Director Amit Chadha said the company’s Lakshya 31 strategy was beginning to translate into business outcomes, with healthy revenue growth and sustained margin improvement.
He added that LTTS’ diversified portfolio remained resilient, with the Sustainability segment maintaining double-digit annual growth and the Mobility business returning to growth during the quarter.
Chadha said the company partnered with Anthropic during the quarter to strengthen its AI-powered Engineering Intelligence offerings and help clients accelerate AI adoption. LTTS also increased its AI patent portfolio to 244, while its overall patent portfolio crossed 1,757.
The company also reiterated confidence in its Lakshya 31 roadmap, maintaining its aspiration of delivering 13%-15% revenue CAGR over the next five years while sustaining EBIT margins of 16%-17%, supported by investments across its six strategic technology bets.
At the end of the June quarter, LTTS had 23,845 employees.
Shares of L&T Technology Services ended 0.26% lower at ₹3,289 ahead of the earnings announcement. The stock has lost 25% so far in 2026.
