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L&T Technology Services announced a strategic go-to-market partnership with Databricks, the leading Data and AI company, to co develop and deliver Industrial AI solutions that advance Engineering Intelligence (EI) for asset intensive enterprises. Anchored in LTTS' Sustainability segment, spanning Process Engineering, Discrete Manufacturing and Industrial Products, the partnership will support Energy, Petrochemicals and Industrials clients globally.
As industrial organizations seek to unlock greater value from decades of operational and engineering data, the alliance will combine LTTS' deep domain capabilities with the Databricks platform to transform complex plant data into Engineering Intelligence - enabling improved asset reliability, operational efficiency and sustainability performance.
The partnership brings together LTTS' expertise in forward looking technologies and extensive experience across more than 600 major plants worldwide with Databricks' leading AI, analytics, and data capabilities. This combination enables industrial enterprises to develop data and AI applications, intelligent agents and advanced analytics at scale, delivering actionable insights and measurable business value across the engineering and asset lifecycle.
Together, LTTS and Databricks will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimization, OEE and Production Intelligence, Quality Intelligence and Sustainability Analytics. The partnership combines real-time operational data, advanced AI and machine learning, and natural language-based insights to help engineers and manufacturing teams access, analyze and act on operational intelligence with greater speed and accuracy.
L&T Technology Services (LTTS) announced a strategic global partnership with Emerson (NYSE: EMR), a global automation leader and provider of advanced test and measurement solutions.
Under this engagement, LTTS will serve as a global System Integrator and technology development partner, supporting the design, deployment and lifecycle enablement of advanced systems engineering platforms across industries. The partnership also introduces joint engagement approaches for customer projects, positioning LTTS as a key system integration partner for the NI test platform. The collaboration will focus on product engineering and solution development tailored for multiple sectors including Industrial, Transportation, Semiconductors, Aerospace & Defense where system performance, resilience and sustainability are critical.
As part of the partnership, LTTS will establish a dedicated Centre of Excellence (CoE) at its Mysuru campus in India. The CoE will be based on the NI test and measurement platform and will function as a global hub for joint solution development, industrialization and applied innovation, leveraging NI software and hardware to accelerate product development and engineering, test automation and validation workflows. Key focus areas also include joint go-to-market initiatives, development of industry-specific solutions, license enablement and extended client support models.
For the full year,net profit rose 0.99% to Rs 1279.20 crore in the year ended March 2026 as against Rs 1266.70 crore during the previous year ended March 2025. Sales rose 14.04% to Rs 10995.90 crore in the year ended March 2026 as against Rs 9642.20 crore during the previous year ended March 2025.
The company’s revenue in USD terms was $305.9 million, down 1.7% QoQ. In constant currency terms, revenue contracted by 1.1% sequentially.
In Q3 FY26, cost of sales added up to Rs 1,938.4 crore (up 0.4% QoQ) while selling, general & administration expenses aggregated to Rs 398 crore (up 11.5% QoQ).
EBIT improved by 5.5% to Rs 434.9 crore in Q4 FY26 from Rs 412.4 crore recorded in Q3 FY26.
LTTS’ FY26 TCV large deal bookings crossed $850 million. The company continued its large deal momentum, marking the sixth consecutive quarter of nearly $200 million in TCV. This includes one $75 million deal, two deals valued at over $20 million, one deal at over $15 million and three deals valued at over $10 million each.
At the end of Q4FY26, the patents portfolio of L&T Technology Services stood at 1,706, out of which 1,033 are co-authored with its customers and the rest are filed by LTTS.
As on 31 March 2026, LTTS’ employee strength stood at 23,830.
For FY26, LTTS has reported net profit and total income of Rs 1,279.2 crore (up 1% YoY) and Rs 10,995.9 crore (up 14% YoY), respectively.
Amit Chadha, CEO & managing director, L&T Technology Services, said: 'Anticipating the business landscape and technology shifts over the next 5 years, we recalibrated our portfolio to focus on profitable growth business, driven by forward looking technologies.
We are also seeing encouraging momentum across key segments. Sustainability continues to scale strongly, supported by a robust pipeline of deal wins, while Mobility has stabilized with new deal wins and is poised for growth.
This overall performance is driven by a sharper, more focused organization, anchored in our approach to Engineering Intelligence (EI), where engineering converges with AI and digital technologies to deliver higher-value solutions and differentiated outcomes for our clients.
As part of our 5-year Lakshya 31-Plan, we aspire to deliver 13–15% CAGR over the next five years.'
L&T Technology Services (LTTS) is a global leader in AI, Digital & ER&D consulting services. A listed subsidiary of Larsen & Toubro (L&T), the company offers design, development, testing, and sustenance services across products and processes.
The scrip fell 1.23% to currently trade at Rs 3507.90 on the BSE.