Mid-tier engineering and technology services company L&T Technology Services (LTTS) reported a marginal rise of 0.7% year-on-year (YoY) in net profit at Rs 315.7 crore in the first quarter of FY26 supported by a favourable tax return despite an increase in employee and other expenses. <\/p>\n
The Mumbai-based Larsen & Toubro (L&T) subsidiary’s net profit rose 1.5% from Rs 311.1 crore in March quarter. Helped by a 1.5% growth in North America and two key verticals of sustainability and tech, its revenue jumped 16.4% to Rs 2,866 crore in the April to June quarter. Sequentially, revenue dropped 3.9% from March quarter pulled down by an 16.4% dip in India region and continued slowdown in mobility and tech segments due to seasonal weakness.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mid-tier engineering and technology services company L&T Technology Services (LTTS) reported a marginal rise of 0.7% year-on-year (YoY) in net profit at Rs 315.7 crore in the first quarter of FY26 supported by a favourable tax return despite an increase in employee and other expenses. The Mumbai-based Larsen & Toubro (L&T) subsidiary’s net profit rose 1.5% from Rs 311.1 crore in March quarter. Helped by a 1.5% growth in North America and two key verticals of sustainability and tech, its revenue jumped 16.4% to Rs 2,866 crore in the April to June quarter. Sequentially, revenue dropped 3.9% from March quarter […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-947125","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=947125"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947125\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=947125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=947125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=947125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}