L&T Technology Services Ltd (LTTS), a global engineering and technology services company, reported steady growth for the third quarter ended 31 December 2025, supported by strong deal wins and expanding digital and AI-led offerings. For Q3 FY26, the company posted revenue of Rs 29.24 billion, up 10.2 per cent year-on-year. USD revenue stood at USD 326.3 million, reflecting growth of 4.6 per cent YoY. Net profit rose marginally to Rs 3.29 billion, an increase of 2.1 per cent compared with the same period last year. EBIT margin remained stable at 14.6 per cent. LTTS secured several large deals during the quarter, including projects worth USD 70 million from a global OEM, alongside a USD 30 million engagement, a USD 20 million programme and five additional deals valued above USD 10 million each. Amit Chadha, Chief Executive Officer and Managing Director, said the company continues to build momentum in large deal wins, delivering an average total contract value of around USD 20 million over five consecutive quarters. He noted that the sustainability segment recorded double-digit growth on a year-on-year basis, while the mobility business is witnessing a turnaround. He further highlighted that LTTS is expanding its portfolio with new Agentic AI platforms to deliver full-stack Engineering Intelligence solutions that integrate physical and digital AI across products and processes. These initiatives have already begun to yield results, reflected in a 120 basis point quarter-on-quarter improvement in margins. During the quarter, LTTS received multiple recognitions, including being ranked among the Top 20 Most Innovative Companies by GIS, rated a Leader in Digital Engineering Services 2025 by Avasant, and honoured with the Questel IP Excellence Award 2025 for contributions to innovation and intellectual property. The company was also recognised as a Leader in HFS Semiconductor Horizons 2025 and rated a Leader in Oil and Gas for both EAM and AI Cloud Services in the US by ISG. As of the end of Q3 FY26, LTTS’ patent portfolio stood at 1,655, of which 1,007 were co-authored with clients and the remainder filed independently by the company. Employee strength stood at 23,639.