LTTS Q2 Results Surge – Profit Jumps 66.8% YoY!

L&T Technology Services (LTTS) shares surged over 11–15% today after announcing stellar Q2 FY27 results, with net profit rising 66.8% YoY to ₹548 crore and revenue crossing ₹3,040 crore. The company also declared an interim dividend of ₹20 per share. 📊 LTTS Q2 FY27 Results (Quarter ended Sept 30, 2026) Revenue: ₹3,040 crore (+12.1% YoY, +3.4% QoQ) Net Profit: ₹548 crore (+66.8% YoY, +53.7% QoQ) EBIT Margin: 16.3% (improved 60 bps QoQ) USD Revenue: $317 million (+4.8% YoY in constant currency) Dividend: Interim dividend of ₹20/share (record date: Oct 27, 2026) Large Deals: $200+ million TCV wins, with AI-related deals forming over 50% 🚀 Market Reaction Share Price Surge: LTTS stock jumped as much as 15% intraday, hitting ₹4,140.50 on BSE. 52-Week Range: ₹3,030 – ₹4,746.95 Trend: Strong bullish momentum; analysts expect continued growth in H2 FY27. 🧠 Strategic Highlights AI & Engineering Intelligence (EI): Launched EI Lab with NVIDIA to build AI-native applications in manufacturing, robotics, and supply chain. Filed 250+ AI patents, total portfolio now 1,808 patents. EI-led revenue annualized at $120 million (~9.5% of Q2 revenue). Sectoral Growth: Sustainability vertical delivered strongest growth. Mobility maintained momentum. Tech segment steady with margin improvement. Recognition: Won Gold Award for Industrial Engineering R&D at CII Awards 2026. Recognized as Leader in Everest Group’s PLM Services PEAK Matrix 2026. Nasscom AI Gamechangers Award for PLxAI solution. 📈 Analyst Views JM Financial: Maintains Add rating, raises target price to ₹3,890. Emkay Global: Maintains Add, raises target to ₹3,900. Outlook: Management expects H2 FY27 growth to exceed H1, supported by large-deal conversions and strong backlog. EBIT margins expected to sustain at ~16% despite Q3 wage-hike headwinds.