Published on 16/07/2025 04:55 PM
L&T Tech Q1 Results: L&T Technology Services Ltd, a listed subsidiary of Larsen & Toubro (L&T), declared the April to June quarter results for fiscal 2025-26 (Q1FY26) on Wednesday, July 16. The company reported a 0.7 per cent marginal increase in consolidated net profit at ₹316.1 crore compared to ₹313.9 crore in the same quarter of the previous year.
The company's revenue from operations for the quarter ended on June 30, 2025 rose by 16.4 per cent to ₹2,866 crore from ₹2,461 crore in the corresponding period last year.
The total expenses of L&T Tech for the first quarter of FY26 surged by 19.5 per cent to ₹2,501 crore compared to ₹2,091 crore in the same period a year ago. The earnings per share (EPS) per share stood at ₹29.06.
L&T Tech aims to report a double-digit growth for the fiscal year 2025-26.
"Backed by an increased order book and a focus on resilience and profitable growth, we expect to clock double-digit growth in FY26 and maintain our medium-term outlook of USD 2 billion revenue,” said Amit Chadha, CEO and Managing Director of L&T Technology Services.
“We are launching PLxAI, our proprietary AI framework which accelerates product development lifecycle for global clients. PLxAI was originally incubated in the Mobility segment but has now been scaled and propagated to other segments using our multi-vertical crosspollination approach,” he added.
In addition to the results, L&T Technology Services on Wednesday informed about the exchanges regarding a change in senior management personnel. The company announced the appointment of T Shivram as the new Chief Human Resource Officer and Senior Management Personnel from August 1, 2025 onwards. MT Lakshmanan's term as Chief Human Resource Officer and Senior Management Personnel of the company ends on July 31, 2025.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It'll just take a moment.