5401152026-01-012026-03-315401152026-03-315401152025-03-315401152025-04-012026-03-315401152026-01-012026-03-31in-capmkt:OtherExpenses1Member5401152025-04-012026-03-31in-capmkt:OtherExpenses1Member5401152026-03-31OtherNoncurrentFinancialAssetsDomain15401152026-03-31OtherNoncurrentAssetsDomain15401152026-03-31OtherCurrentFinancialAssetsDomain15401152026-03-31OtherCurrentAssetsDomain15401152026-03-31OtherNoncurrentFinancialLiabilitiesDomain15401152026-03-31OtherNoncurrentLiabilitiesDomain15401152026-03-31OtherCurrentFinancialLiabilitiesDomain15401152026-03-31OtherCurrentLiabilitiesDomain15401152026-01-012026-03-31in-capmkt:ReportableSegments1Member5401152026-01-012026-03-31in-capmkt:ReportableSegments2Member5401152026-01-012026-03-31in-capmkt:ReportableSegments3Member5401152025-04-012026-03-31in-capmkt:ReportableSegments1Member5401152025-04-012026-03-31in-capmkt:ReportableSegments2Member5401152025-04-012026-03-31in-capmkt:ReportableSegments3Member5401152026-01-012026-03-31in-capmkt:ReportableSegments1Member5401152026-01-012026-03-31in-capmkt:ReportableSegments2Member5401152026-01-012026-03-31in-capmkt:ReportableSegments3Member5401152025-04-012026-03-31in-capmkt:ReportableSegments1Member5401152025-04-012026-03-31in-capmkt:ReportableSegments2Member5401152025-04-012026-03-31in-capmkt:ReportableSegments3Member5401152026-01-012026-03-31in-capmkt:ReportableSegments1Member5401152026-03-31in-capmkt:ReportableSegments1Member5401152026-01-012026-03-31in-capmkt:ReportableSegments2Member5401152026-03-31in-capmkt:ReportableSegments2Member5401152026-01-012026-03-31in-capmkt:ReportableSegments3Member5401152026-03-31in-capmkt:ReportableSegments3Member5401152026-01-012026-03-31in-capmkt:ReportableSegments1Member5401152026-03-31in-capmkt:ReportableSegments1Member5401152026-01-012026-03-31in-capmkt:ReportableSegments2Member5401152026-03-31in-capmkt:ReportableSegments2Member5401152026-01-012026-03-31in-capmkt:ReportableSegments3Member5401152026-03-31in-capmkt:ReportableSegments3Member5401152026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15401152025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15401152026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15401152026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss25401152026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss35401152025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15401152025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss25401152025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss35401152026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares540115LTTSNOTLISTEDINE010V01017L&T Technology Services LimitedMain BoardEquity2025-04-012026-03-312026-04-222026-04-08INRMillionsQuarterlyFourth quarterMulti segment2026-04-2216:15:002026-04-2217:45:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated2857900000055300000029132000000000168170000001700000008650000006548000000244000000004732000000-37000000043620000001218000000-560000001162000000032000000001730000004600000012700000003327000000-162600000017010000003321000000600000016950000006000000212000000230.1430.091.21.231.3431.291. The consolidated audited financial results for the quarter and year ended March 31, 2026 have been reviewed by Audit Committee and approved by Board of Directors at its meeting held on April 22, 2026. The Statutory Auditors of the Company have carried out audit 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 opinion. <BR> 2. The consolidated audited statement of financial results of the Company of the Parent 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. <BR> 3. a Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes, namely, The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the ‘New Labour Codes’. The New Labour Codes has resulted in material increase in provision for employee benefits on account of recognition of past service costs. Based on the requirements of New Labour Codes and relevant Accounting Standard, the Group has assessed and accounted the estimated incremental impact of Rs. 354 Million as Exceptional Item in the consolidated audited statement of financial results of the Company for the quarter ended December 31, 2025 and year ended March 31, 2026. Upon notification of the related Rules, including further clarifications, to the New Labour Codes by the Government, the Group will evaluate and account for additional impact, if any, in subsequent periods. <BR> b. As a part of restructuring initiative, the Group has decided to close certain overseas business, released few resources along with closure of those overseas offices. Restructuring expense, including termination benefits, of Rs. 370 Million, are disclosed as 'Exceptional items' in the consolidated audited statement of financial results of the Company for the quarter and year ended March 31, 2026, owing to their material and non-recurring nature. <BR> c. Impact of Exceptional items as mentioned above on the Group's Financial results for the quarter ended December 31,2025, March 31, 2026 and year ended March 31, 2026 is presented below - <BR> 4. 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, the related assets and liabilities of the said business are classified as "Held for Sale" and profit from the said business are shown under ‘Profit from Discontinued Operations’. The comparative financial results including segment information has been restated accordingly. <BR> 5. During the quarter and year ended March 31, 2026 the Company has allotted 8,825 and 118,450 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. <BR> 6. Segments have been identified in accordance with Indian Accounting Standards ("Ind AS") 108 on Operating Segments, considering the risk/return profiles of the business, their organisational structure and internal reporting systems. <BR> The Segment composition: <BR> Mobility segment encompasses Automotive, Trucks and Off-highway Vehicles, Aerospace and Rail <BR> Sustainability segment encompasses Process Industry and Industrial Products <BR> Tech segment encompasses Medical Technology, Software and Platforms and Media and Entertainment <BR> 7. The Parent company and its subsidiary, L&T Technology Services LLC has acquired 100% stake effective January 3, 2025 in Intelliswift Software (India) Private Limited (by the Company) and Intelliswift Software Inc. (by L&T Technology Services LLC).The financial results of the above mentioned companies have been consolidated from the date of acquisition for the quarter and year ended March 31, 2025. <BR> 8. The figures for the quarter ended March 31, 2026 and March 31, 2025 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 quarters ended December 31, 2025 and December 31, 2024 respectively. <BR> 9. The Board of Directors have recommended a final dividend of Rs.40 per equity share (face value Rs. 2) for the year ended March 31, 2026 and final dividend is payable subject to the approval of the shareholders at the fourteenth annual general meeting. <BR> 10. Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods, if any. <BR> 11. The standalone and consolidated audited statement of 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).2025-04-012026-03-31AuditedConsolidated1099590000002212000000112171000000000645740000006410000003452000000260350000009470200000017469000000-724000000167450000004374000000710000004445000000012300000000696000000185000000511000000012811000000-309500000097160000001279200000019000000969700000019000000212000000264515000000115.89115.714.824.82120.71120.53Other Expenses6548000000Other Expenses26035000000858600000011700000001202900000018880000000004679000000093000000056090000009070000002089000000312250000005800000014286000000201460000001649700000080000000289200000053829000000990600000063793000000987100000010488900000021200000064515000000647270000001950000006492200000000007393000000739300000021700000010000000076110000000232000000913600000093680000007622000000169900000005194000000245100000010800000000257150000006641000000039967000000104889000000Other non-current financial assets930000000Other non-current assets2089000000Other current financial assets2892000000Other current assets9906000000Other non-current financial liabilities7393000000Other non-current liabilities0Other current financial liabilities7622000000Other current liabilities5194000000Mobility9150000000Sustainability10326000000Tech9103000000Mobility35077000000Sustainability38284000000Tech36598000000285790000001099590000000028579000000109959000000Mobility1474000000Sustainability2966000000Tech1143000000Mobility5349000000Sustainability10830000000Tech382100000055830000002000000000017000000064100000010510000002614000000436200000016745000000Mobility0Sustainability0Tech0000Mobility0Sustainability0Tech0000 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. <BR> Exceptional items is on account of impact of Labour Codes and restructuring initiative and are not allocated to segments for the quarter ended December 31 2025 March 31 2026 and year ended March 31 2026.6420000000-36850000000000002964000000000347500000000000-102000000000166000000000696000000-246000000029920000001973700000000-107300000041130000000145510000000141000000000000010200000018510000000000000000000000009030000000-2172000000-442800000000000000001924000000592800000014300000000-7995000000212800000054600000026740000001382300000016497000000Remeasurements of the defined benefit plans (net)-3000000-3000000Remeasurements of the defined benefit plans (net)132000000132000000034000000Effective portion of gains and losses on hedging instruments in a cash flow hedge-3135000000Debt Instruments through Other Comprehensive Income3000000Exchange differences on the translation of foreign operation721000000-2411000000Effective portion of gains and losses on hedging instruments in a cash flow hedge-6120000000Debt Instruments through Other Comprehensive Income14000000Exchange differences on the translation of foreign operation1376000000-4730000000-788000000-1537000000-1626000000-3095000000AuditedtrueMSKA & Associates LLP (formely known as MSKA & Associates)true2027-07-31