L&T Technology Services (LTTS) is a global pure‑play Engineering R&D and technology services provider offering design, development, testing and sustenance across product and process lifecycles, serving Mobility, Sustainability and Tech segments with over 23,800 employees and a network of global design centers, sales offices and innovation labs.

FY26 continuing operations delivered revenue of ₹109,959 million (14% growth YoY reported) and USD revenue of $1,233 million (8.3% growth), with EBIT margin at 14.5% for the year and Q4 EBIT margin expanding to 15.2%, reflecting portfolio realignment and higher‑quality revenue mix.

LTTS recorded exceptional large‑deal momentum with FY26 TCV of ~$855 million and six consecutive quarters of ~USD 200 million average TCV wins, including multi‑year strategic programs such as a 500‑engineer Digital Expertise Centre, underpinning near‑term revenue visibility and scale opportunities.

The company has consciously divested the Smart World & Communications (SWC) business to refocus on Engineering Intelligence (EI) and core AI‑led digital engineering, expecting margin and DSO benefits from the portfolio pruning and signalling a sharper, higher‑value strategic posture.

LTTS pursues tech differentiation via a 1,706‑patent portfolio (673 filed by LTTS; 1,033 co‑authored), strategic partnerships with MIT and NVIDIA, and a five‑year Lakshya 31 plan targeting 13–15% CAGR and 16–17% EBIT margins, anchored on six large technology bets including SDV, AI infra and MedTech.