L&T Technology Services Limited — Investor Meet, 22-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

L&T Technology Services reported Q1 FY26 revenue of ₹2,866 crores ($335 Mn), up 16.4% YoY but down 3.9% sequentially. EBIT margin was 13.3%. The company achieved over $200 Mn in large deal TCV for the third consecutive quarter. The Sustainability segment crossed $100 Mn quarterly, showing strong growth. Mobility's automotive sub-segment faced short-term headwinds, expected to recover in H2 FY26. Management expects double-digit growth for FY26 and aims for EBIT margins to reach mid-16% by Q4 FY27-Q1 FY28, driven by large deals, operational efficiency, and Intelliswift integration.