LTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and Plant Engineering. LTTS’ customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies. The business also provides digital engineering advisory services. The company went public on September 23, 2016. LTTS has 296 global clients in 25+ countries. Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
Revenue from Operations: ₹2,980 crore, up 15.8% YoY from ₹2,572.9 crore and up 4% QoQ from ₹2,866 crore.
EBIT: ₹398 crore, with an EBIT margin of 13.4%.
Profit Before Tax (PBT): ₹442 crore, up 3.8% QoQ.
Profit After Tax (PAT): ₹328.7 crore, up 2.85% YoY from ₹319.6 crore and up 4.1% QoQ from ₹315.7 crore.
PAT Margin: 11%, compared to 12.4% YoY.
USD Revenue: $337 million, up 10.4% in constant currency terms.
Employee Count: 24,090 as of Q2 FY26.
Total Contract Value (TCV): Record high near $300 million, the strongest ever for LTTS.
Interim Dividend: ₹18 per share; record date set as October 27, 2025.
Management Commentary & Strategic Highlights
Amit Chadha, CEO & Managing Director, stated:
“We delivered another quarter of strong revenue growth, driven by broad-based traction across segments. Our record TCV of $300 million and double-digit growth reaffirm our trajectory towards crossing USD 2 billion in annual revenue.”
Key operational and strategic priorities during Q2 FY26:
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Large multi-year deal wins:
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$100 million in the Sustainability (semiconductors) segment with a major U.S. equipment manufacturer.
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$60 million in the Tech segment with a North American telecom firm.
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Additional contracts in Transportation and MedTech verticals contributed to broad-based growth.
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AI & Digital Engineering: Expanded proprietary platform development in PLxAI and Digital Twin ecosystems.
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Leadership Expansion: Appointed new Chief Operating Officer to strengthen delivery transformation.
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Geographic Mix: North America led growth (+14.4% YoY), with Europe showing resilience despite macro softness.
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Outlook: Management reiterated FY26 target of crossing USD 2 billion revenue, buoyed by strong pipeline momentum and controlled cost base.
Q1 FY26 Earnings Results
Revenue from Operations: ₹2,866 crore, up 16.4% YoY from ₹2,464 crore.
EBIT Margin: 13.3%.
Profit After Tax (PAT): ₹315.7 crore, up 0.7% YoY.
USD Revenue: $335.3 million, up 13.6% YoY.
Employee Count: 23,626.
Patents Filed: 1,550 patents, including 952 co-authored with clients.
Large Deals:
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1 deal worth $50 million,
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3 deals between $20–30 million,
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6 deals of over $10 million each.
Growth Drivers: Strong traction in Mobility and Sustainability segments.
AI Investments: Launch of PLxAI proprietary framework to accelerate the product development lifecycle through AI integration.
New Design Center: Opened in Plano, Texas for cybersecurity and AI-led engineering services.
Amit Chadha (CEO) emphasized that AI-driven design and digital manufacturing competencies are becoming core differentiators, while multi-vertical diversification continues to provide resilience amid cyclical demand shifts
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.