1000% Dividend Alert: The board of directors of L&T Technology Services Ltd., a constituent of BSE 200, at its meeting held today, October 19, has recommended an interim dividend of 1000% for the financial year 2026-27. The company informed about the same in its exchange filing. Before we dig into the details of the final dividend, such as its record date and others, let’s quickly learn about the company.
L&T Technology Services (LTTS) is a global leader in Engineering Intelligence Solutions & ER&D Consulting Services. A listed subsidiary of Larsen & Toubro (L&T), the company offers design, development, testing, and sustenance services across products and processes.
L&T Technology interim dividend 2026-27
The company declared an interim dividend of 1000 per cent, translating to Rs 20 per equity share of face value of Rs 2 each for the financial year 2026-27.
The company informed about the same in an exchange filing by stating, “We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. October 19, 2026, has inter alia declared an Interim Dividend of Rs. 20/- per equity share of face value of Rs. 2/- each for the financial year 2026-27.
L&T Tech dividend record date
The company has fixed Tuesday, October 27, 2026, as the record date for payment of the interim dividend to eligible members.
L&T Tech Q2 Results FY 2027: Profit jumps 67% YoY to Rs 5,487 crore
Larsen & Toubro Technology Services (LTTS), an engineering and R&D services provider under the Larsen & Toubro Group, announced its consolidated financial results for the second quarter of FY27, covering July to September 2026. The company reported a 66.6% year-on-year rise in net profit to Rs 5,487 crore. According to the company’s exchange filing, L&T Technology Services’ consolidated revenue during the quarter under review increased by 12.05 per cent year-on-year to Rs 3,040.40 crore, compared to Rs 2,713.30 crore in the same quarter of the previous fiscal year. Revenue also increased by 3.41 per cent sequentially.
The company reported other income of Rs 30.90 crore, taking its total revenue to Rs 3,071.30 crore. Earnings per share (EPS) rose to Rs 51.61 in the quarter, compared with Rs 30.97 in the year-ago period. Among the company’s key business verticals, Sustainability recorded the strongest performance, with revenue rising year-on-year from Rs 940.90 crore to Rs 1,156.60 crore. Revenue from the Mobility segment also increased, climbing from Rs 865.10 crore to Rs 981.90 crore.
The company reported other income of Rs 30.90 crore, taking its total revenue to Rs 3,071.30 crore. Earnings per share (EPS) increased to Rs 51.61 from Rs 30.97 in the corresponding quarter of the previous year.
Among its key business verticals, Sustainability posted the strongest growth, with revenue rising to Rs 1,156.60 crore from Rs 940.90 crore a year earlier. Revenue from the Mobility segment also increased, reaching Rs 981.90 crore compared with Rs 865.10 crore in the year-ago period.
L&T Tech share price today
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)