LTTS crosses ₹10,000 crore in annual revenue, eyes double-digit growth in FY26, says CEO
LTTS Achieves ₹10,000 Crore Revenue Milestone: CEO Outlines Vision for FY26 Growth
Key Performance Highlights
L&T Technology Services (LTTS) has marked a significant milestone by crossing ₹10,000 crore in annual revenue, with Q4FY25 revenue reaching ₹2,982 crore. CEO Amit Chadha shares insights on the company’s achievements and future growth strategy.
Q4 Performance and Strategic Milestones
LTTS demonstrated robust growth in Q4FY25, with revenue reaching ₹2,982 crore, marking a 17.5% year-on-year increase and 12.4% quarter-on-quarter growth. The company’s net profit for the quarter stood at ₹311 crore, reflecting the dynamic market conditions and strategic investments in future growth areas.
Innovation and Technology Leadership
The company achieved a significant milestone with patent filings crossing 1,500, including 190 in AI and Gen AI. This technological advancement, combined with seven large deals won during the quarter and a 20% quarter-on-quarter increase in large deal TCV, positions LTTS strongly for future growth.
Strategic Focus Areas and Market Adaptation
- AI-driven service offerings capturing market share from competitors
- Expansion in sustainability industrial sub-segment
- Commitment to double-digit growth in FY26
- Medium-term target of $2 billion in revenue
- Focus on five key spending areas: AI, agentic AI, bimodal AI, data, and cyber
Navigating Market Challenges
Despite macroeconomic uncertainties, LTTS has successfully maintained growth momentum through strategic initiatives and market adaptations. The company’s approach to vendor consolidations and focus on emerging technology areas has helped secure new opportunities and market share.
Future-Ready Initiatives
LTTS is implementing several strategic measures to ensure continued growth:
- Central task force for client support and innovation
- Organizational restructuring for improved agility
- Plans to onboard 2,500 freshers in FY26
- Enhanced focus on GCC collaboration
- Investment in sustainability and plant engineering
Talent and AI Integration
The company maintains a positive outlook on talent acquisition and AI integration. With plans to onboard 2,500 freshers in FY26, up from 1,500 in FY25, LTTS sees AI as an enabler for employee productivity rather than a job displacement threat. This approach aligns with their commitment to sustainable growth and innovation.
Looking Ahead: FY26 and Beyond
CEO Amit Chadha’s vision for FY26 includes double-digit growth, continued innovation in AI and sustainability, and strategic market expansion. The company’s strong deal pipeline, combined with its focus on emerging technologies and talent development, positions LTTS for continued success in the evolving technology services landscape.
Growth Drivers for FY26
- Expanded service offerings in emerging technologies
- Strong focus on sustainability solutions
- Strategic client partnerships and vendor consolidations
- Investment in talent and innovation
- Enhanced operational efficiency through organizational restructuring
About The Author
