Integrated Filing — IndAS



General information about company

Scrip Code 540115
NSE Symbol LTTS
MSEI Symbol NOTLISTED
ISIN INE010V01017
Name of company L&T Technology Services Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-06-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-07-2026   16:30:00
End date and time of board meeting 14-07-2026   18:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,94,010.00 2,94,010.00
Other income 2,910.00 2,910.00
Total income 2,96,920.00 2,96,920.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 1,71,310.00 1,71,310.00
(e) Finance costs 1,440.00 1,440.00
(f) Depreciation, depletion and amortisation expense 8,700.00 8,700.00
(f) Other Expenses
1 Other Expenses 67,870.00 67,870.00
Total other expenses 67,870.00 67,870.00
Total expenses 2,49,320.00 2,49,320.00
3 Total profit before exceptional items and tax 47,600.00 47,600.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 47,600.00 47,600.00
6 Tax expense
7 Current tax 12,260.00 12,260.00
8 Deferred tax 110.00 110.00
9 Total tax expenses 12,370.00 12,370.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 35,230.00 35,230.00
12 Profit (loss) from discontinued operations before tax 650.00 650.00
13 Tax expense of discontinued operations 170.00 170.00
14 Net profit (loss) from discontinued operation after tax 480.00 480.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 35,710.00 35,710.00
17 Other comprehensive income net of taxes 10,700.00 10,700.00
18 Total Comprehensive Income for the period 46,410.00 46,410.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 35,660.00 35,660.00
Total profit or loss, attributable to non-controlling interests 50.00 50.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 46,360.00 46,360.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 50.00 50.00
21 Details of equity share capital
Paid-up equity share capital 2,120.00 2,120.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 33.17 33.17
Diluted earnings (loss) per share from continuing operations 33.14 33.14
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.45 0.45
Diluted earnings (loss) per share from discontinued operations 0.45 0.45
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 33.62 33.62
Diluted earnings (loss) per share from continuing and discontinued operations 33.59 33.59
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The consolidated unaudited financial results for the quarter ended June 30, 2026 have been reviewed by Audit Committee and approved by Board of Directors at its meeting held on July 14, 2026. The Statutory Auditors of the Company have carried out limited review on the above results in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('the Regulation'), as amended and expressed an unmodified conclusion. The consolidated unaudited financial results of the Company and its subsidiaries (the Group) have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules Issued thereunder and the other accounting principles generally accepted in India. The consolidated financial results for the quarter and year ended March 31, 2026 included the impact of exceptional items amounting to Rs. 370 Million and Rs. 724 Million, respectively, pertaining to restructuring costs and impact of New Labour Codes. The Company entered into a Business Transfer Agreement on March 25, 2026 to transfer Smart World and Communication (SWC) Business unit of the Company, forming part of the Tech segment by way of a sale on a going concern basis to AMI Paradigm Solutions Private Limited. Accordingly, profit from the said business are shown under ‘Profit from Discontinued Operations’. The comparative financial results including segment information has been restated accordingly. During the quarter ended June 30, 2026 the Company has allotted 70,450 equity shares of Rs. 2 each fully paid-up respectively on exercise of stock options by employees in accordance with the Company's stock option scheme. During the quarter ended June 30, 2026 the Company has allotted 70,450 equity shares of Rs. 2 each fully paid-up respectively on exercise of stock options by employees in accordance with the Company's stock option scheme. Mobility segment encompasses Automotive, Trucks and Off-highway Vehicles, Aerospace and Rail Sustainability segment encompasses Process Industry and Industrial Products Tech segment encompasses Medical Technology, Software & Platforms and Media & Tech The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year and the limited reviewed year to date figures up to the quarter ended December 31, 2025. Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods, if any. The standalone and consolidated unaudited financial results are available on the website of the Company (www.ltts.com) and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Mobility 94,880.00 94,880.00
2 Sustainability 1,09,040.00 1,09,040.00
3 Tech 90,090.00 90,090.00
Total Segment Revenue 2,94,010.00 2,94,010.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 2,94,010.00 2,94,010.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Mobility 14,810.00 14,810.00
2 Sustainability 31,780.00 31,780.00
3 Tech 10,360.00 10,360.00
Total Profit before tax 56,950.00 56,950.00
i. Finance cost 1,440.00 1,440.00
ii. Other Unallocable Expenditure net off Unallocable income 7,910.00 7,910.00
Profit before tax 47,600.00 47,600.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Mobility 0.00 0.00
2 Sustainability 0.00 0.00
3 Tech 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Mobility 0.00 0.00
2 Sustainability 0.00 0.00
3 Tech 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Assets and liabilities used in the Group's business are not identified to any of the reportable segment as these are used interchangeably. Unallocable expenses includes majorly corporate expenses not allocated to segments. Exceptional items is on account of impact of New Labour Codes and restructuring initiative and are not allocated to segments for the quarter and year ended March 31, 2026.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans (net) 560.00 560.00
Total Amount of items that will not be reclassified to profit and loss 560.00
2 Income tax relating to items that will not be reclassified to profit or loss 110.00 110.00
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains and losses on hedging instruments in a cash flow hedge 14,680.00 14,680.00
2 Exchange differences on the translation of foreign operation (520.00) (520.00)
3 Debt Instruments through Other Comprehensive Income (290.00) (290.00)
Total Amount of items that will be reclassified to profit and loss 13,870.00
4 Income tax relating to items that will be reclassified to profit or loss 3,620.00 3,620.00
5 Total Other comprehensive income 10,700.00 10,700.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MSKA & Associates LLP (formely known as MSKA & Associates) Yes 31-07-2027