Results - Announcements
L&T Technology Services Ltd share price slipped 2.76% to Rs 3609.8. The Company's net profit surged by 53.65% to Rs 548.7 crore, while revenue from operations slightly gained 3.41% to Rs 3040.4 crore in Q3FY26 over Q2FY26.
The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.6 lakh crore, declining 5.35%. It has slipped by 4.10% over last one week and advanced by 12.36% in last one month while the market capitalization of L&T Technology Services Ltd has eased by 0.08% and 7.02% in the same period respectively.
Profit before tax (PBT) of L&T Technology Services Ltd stood at Rs 682.1 crore in Q3 FY26, jumping 53.66% year-on-year, and expanding by 41.87% quarter-on-quarter. EBITDA came in at Rs 555 crore, rallying 35.77% YoY and rising 6.88% sequentially.
Total expenses saw a slight increase of 2.63% to Rs 2543.9 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 1752.1 crore, ticking higher by 2.28% YoY.
For the TTM ended FY26, revenue from operations improved 14.04% to Rs 10995.9 crore, while net profit saw a marginal increase of 3.37% to Rs 1230.0 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 162150% to Rs 1713.8 crore, and PBT saw a minor gain of 2.14% to Rs 1674.5 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1455.1 crore in FY26, as against Rs 1481.1 crore in FY25.
L&T Technology Services Ltd tumbled by 14.05% in last one year, significantly underperforming the benchmark BSE Sensex which has slipped by 12.46% during the same period.