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L&T Technology Services Reports Steady Q3 Growth
7.1
L&T Technology Services reported Q3 FY26 results on January 15, 2026, with revenue rising 10.2% year-on-year to ₹2,923 crore, net profit of ₹329 crore (up 2.1%), and an operating margin of 14.6%. The company extended a five-quarter streak of large deal wins, averaging about $200 million TCV, and highlighted launches of Agentic AI platforms and a push into AI-driven engineering. Employee strength stood at 23,639.
Key Points
- 1Posts 10.2% revenue growth to ₹2,923 crore and net profit ₹329 crore, 14.6% margin
- 2Secures fifth straight quarter of large deal wins averaging ~$200 million total contract value
- 3Expands AI-driven engineering with Agentic AI platforms, enabling full-stack engineering intelligence adoption
Scoring Rationale
Solid financials and consecutive large deals show momentum; limited technical depth and primarily company-level relevance.
Sources
Public references used for this report.
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