LTM is leading the deployment of Microsoft 365 Copilot across the L&T Group, enabling the AI tool for approximately 140,000 employees in one of India's largest enterprise AI workplace transformations. The initiative aims to empower teams to work more productively, resolve issues faster, and deliver superior customer outcomes through AI-assisted workflows and collaboration. As the largest adopter within the group, LTM is spearheading the broader rollout through purpose-built solutions designed to embed AI across everyday business functions.

LTM has reported significant business impact from its AI integration. Its internal AI assistant, RAIma, has delivered a 70% improvement in IT and HR query resolution, while the implementation has increased employee engagement and HR productivity by 15%. More than 23,000 developers use AI tools daily, supported by a network of over 1,300 AI experts and enablement leads.

Key Implementation Metrics

The following table summarises the key metrics reported from LTM's AI deployment across the L&T Group:

Copilot-Powered Solutions

LTM is driving the group-wide deployment through two Microsoft 365 Copilot-supported solutions. The first is Agent A.S.K. (Agent for Stories and Knowledge), a conversational AI tool designed to accelerate sales by reusing existing content. The second is RAIma, which provides personalised, conversational HR support via chat and voice. Together, these tools are being embedded across onboarding, learning, delivery, sales, and support functions throughout the organisation.

Governance and Workforce Readiness

LTM has collaborated with Microsoft to scale AI adoption and establish governance frameworks covering security, privacy, compliance, and ethical use. Over 90% of its workforce is already trained in Generative AI, reflecting the company's commitment to building organisation-wide AI capability. The deployment underscores the L&T Group's broader strategy of industrialising AI to drive productivity and smarter decision-making across functions and geographies.

"AI will fundamentally reshape how work gets done and how organizations create value. At LTM, we are empowering every employee with intelligent tools to help them work faster, learn continuously, solve complex challenges, and focus on higher-value outcomes," said Venu Lambu, Chief Executive Officer & Managing Director, LTM.

LTM Limited reported a 17.1% year-on-year increase in profit after tax to ₹1,468.6 crore for the quarter ended June 30, 2026, driven by an 18% rise in revenue to ₹11,608 crore. On a sequential basis, consolidated net profit stood at ₹14.66 billion compared to ₹13.9 billion in the previous quarter, while revenue was ₹116 billion versus ₹113 billion. The company's EBIT expanded to ₹18 billion from ₹17 billion quarter-on-quarter, with EBIT margin improving to 15.5% from 15.14% and from 14.3% in the same period last year. The unaudited standalone and consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 11, 2026.

Revenue from operations for the quarter stood at ₹11,608 crore, compared to ₹9,840.6 crore in the corresponding quarter of the previous year. The company recognised a fair value gain of ₹1,978 million as part of other income in respect of convertible instruments held in Voicing.AI, Inc., which were converted into equity instruments during the quarter. Total income for the period was ₹11,863.4 crore, up from ₹10,232.7 crore in Q1 FY26.

Financial Performance

The company's expenses for the quarter totalled ₹9,885 crore, with employee benefits expense accounting for ₹6,961.8 crore and sub-contracting expenses at ₹1,113.4 crore. Profit before tax and exceptional items was ₹1,978.4 crore. The effective tax rate for the quarter stood at 25.8%. Earnings per share (EPS) increased to ₹49.46 on a basic basis and ₹49.42 on a diluted basis for the quarter. The key financial metrics are summarised below:

The sequential performance further highlights the company's steady growth trajectory, as captured in the table below:

Segment Performance

LTM reorganised its reportable segments during the quarter to align with customer industry segments. The segments are now classified as Financial Services, Consumer, Technology & Services, and Production. Constant currency revenue grew 0.3% QoQ and 6.4% YoY, driven by Banking, Technology, and North America, while the Production segment declined sharply. Deal wins remained healthy at US$1.68 billion with a 1.4x book-to-bill ratio. The segment-wise revenue breakdown is as follows:

Strategic Developments

During the quarter, LTM entered into a Put Option Deed with Randstad N.V. and other entities regarding the proposed acquisition of subsidiaries in the Netherlands, Australia, and France. The enterprise valuation is up to EUR 160 million on a cash-free, debt-free basis. The transaction remains subject to execution of definitive agreements and regulatory approvals, and no impact was recognised in the financial results as of June 30, 2026.

The Board of Directors had recommended a final dividend of ₹53 per equity share for the financial year ended March 31, 2026, which was approved by shareholders and paid before the end of the quarter. The company's cash and investments stood at ₹1,50,213 million as of June 30, 2026.