L&T Technology Services , India's leading pure-play engineering services company, has announced impressive financial results for the fourth quarter and fiscal year 2025, highlighted by record-breaking deal bookings and robust revenue growth.

Strong Q4 Performance

For the quarter ended March 31, 2025, LTTS reported:

• Revenue of ₹29,824.00 million, up 17.5% year-over-year and 12.4% quarter-over-quarter
• USD Revenue of $345.10 million, growing 13.1% year-over-year and 10.7% quarter-over-quarter
• Net profit of ₹3,111.00 million

Record-Breaking Deal Momentum

The company achieved its highest-ever TCV (Total Contract Value) large deal bookings in Q4, including:

• One USD 80+ million deal
• One USD 50+ million deal
• One USD 30+ million deal
• One USD 20+ million deal
• Three USD 10+ million deals

CEO and Managing Director Amit Chadha commented, "In Q4, we continued our large deal momentum recording the highest-ever TCV bookings. The large deal pipeline has been robust on the back of value enhancement across the clients' product lifecycle and digital transformation journey."

FY25 Highlights

For the full fiscal year 2025, LTTS reported:

Segment Performance

LTTS's growth was driven by strong performance across its three main segments:

1. Mobility: Revenue of ₹35,087.00 million, up 10.9% year-over-year
2. Sustainability: Revenue of ₹32,167.00 million, up 7.6% year-over-year
3. Tech: Revenue of ₹39,447.00 million, up 12.8% year-over-year

Future Outlook

Looking ahead, LTTS management expressed optimism for FY26, stating, "Based on the large deal bookings closed during the quarter, in our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue."

The company sees significant opportunities in AI and Automation, with plans to develop AI-led solutions to address evolving market needs.

Dividend and Other Highlights

• The Board of Directors recommended a final dividend of ₹38.00 per share for FY25
• LTTS crossed the milestone of ₹10,000.00 crore in annual revenue
• The company's patent portfolio surpassed 1,500 filings, with 190 patents in AI/Gen AI
• LTTS was recognized as a Great Place to Work™ in the U.S. for the second consecutive year and in Japan for the first time

With its strong financial performance, record deal bookings, and focus on emerging technologies, L&T Technology Services appears well-positioned for continued growth in the engineering services sector.

L&T Technology Services Limited (LTTS), a leading pure-play engineering services company, has reported robust financial results for the fourth quarter of fiscal year 2025, showcasing significant growth and a positive outlook for the future.

Q4 FY25 Highlights

LTTS reported a strong quarter-on-quarter growth of 12.4% in revenue, reaching ₹29,824.00 million for Q4 FY25. The USD revenue stood at $345.10 million, marking a 10.7% increase quarter-on-quarter and a 13.1% year-on-year growth. In constant currency terms, the growth was 10.5% quarter-on-quarter and 14.2% year-on-year.

FY25 Performance

For the full fiscal year 2025, LTTS achieved a revenue of ₹106,701.00 million, representing a 10.6% growth. The USD revenue reached $1,259.00 million, with an 8.9% growth in constant currency. The company maintained a healthy EBIT margin of 14.9% for the year.

Large Deal Momentum

LTTS reported its highest-ever large deal bookings in Q4 FY25, including:

• One deal worth over $80 million
• One deal exceeding $50 million
• One deal over $30 million
• One deal surpassing $20 million
• Three deals worth over $10 million each

This strong deal pipeline is expected to drive growth in the coming fiscal year.

Segment Performance

The company's three main segments all showed positive growth for FY25:

• Mobility: 8.7% YoY growth
• Sustainability: 5.3% YoY growth
• Tech: 10.1% YoY growth

Strategic Acquisition

During Q4, LTTS completed the acquisition of Intelliswift, which is expected to strengthen its portfolio across Software Product Development, Platform Engineering, Digital Integration, Data, and AI.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹38.00 per equity share (face value ₹2.00) for FY25, subject to shareholder approval.

Management Commentary

Amit Chadha, CEO & Managing Director of LTTS, expressed optimism about the company's future, stating, "As we step into FY26, we see the technology landscape tilting sharply towards AI and Automation, providing us with new opportunities to develop AI-led solutions. Based on the large deal bookings closed during the quarter, in our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue."

Outlook

LTTS management expects FY26 to outperform FY25, projecting double-digit revenue growth in constant currency. The company's focus on AI and Automation, along with its strong deal pipeline, positions it well for continued growth in the engineering services sector.

With its balanced approach across three segments and strategic investments in sales, solutions, and labs, LTTS aims to capitalize on the evolving technology landscape and maintain its industry-leading position in the coming years.