L&T Technologies Services Ltd. declared a dividend of Rs 40 per share, while also posting a 10% sequential climb in its net profit for the quarter ended March 31, 2026, an exchange filing on Wednesday showed.
The company's consolidated bottomline rose to Rs 332 crore, as compared to Rs 303 crore in the quarter ended December. This is largely in line with the consensus estimate of Rs 341 crore, as shared by the analysts tracked by Bloomberg.
The firms' revenue increased by 2.5% to Rs 2,858 crore from Rs 2,787 crore in the preceding quarter. Analysts had estimated a topline of Rs 2,970 crore.
The tech company's earnings before interest and taxes (EBIT) was up 5.5% at Rs 435 crore, as against Rs 412 crore in the previous quarter. The EBIT margin expanded to Rs 15.2% from 14.8% in the previous quarter.
The company said it will pay the final dividend of Rs 40 per share 30 days after the approval of shareholders at its upcoming annual general meeting on June 1. The record date for determining the eligibility of shareholders has been fixed as May 22.
Track key highlights of the Q4 results declared on April 22
L&T Technology Q4FY26 Highlights (Cons, QoQ)
- Net profit up 9.7% at Rs 332 crore versus Rs 303 crore
- Revenue up 2.5% at Rs 2,858 crore versus Rs 2,787 crore
- EBIT up 5.5% at Rs 435 crore versus Rs 412 crore
- EBIT margin At 15.2% vs 14.8%
The firm's board of directors has also approved the appointment of Rajeev Gupta, the company's chief financial officer (CFO) as executive director for a term of three years from April 22, 2026 up to April 21, 2029. It also approved Amitabh Kant's designation as independent director for a period of five years commencing from April 22, 2026 to April 21, 2031.
Before the quarterly results were declared, shares of L&T Technology settled 2.53% lower at Rs, 3,550.2 apiece on the NSE, compared to a 0.81% decline in the benchmark Nifty 50.
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