L&T Technology Services stock slips 0.44 percent as margins rise
Published on 09/23/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSL&T Technology Services Ltd. (ISIN INE010V01017) traded at INR 3,279.00 on the NSE at 11:49 a.m. IST on September 23, 2026, down 0.44 percent from the prior close of INR 3,293.60. The market capitalization stood at INR 35,095.46 crore on the same date, making the share price and operating margin the key measurable signals for investors.
June profit rises sequentially
According to Upstox, L&T Technology Services reported profit of INR 357.10 crore for June 2026, compared with INR 332.70 crore in March 2026. That represents a 7.33 percent quarter-on-quarter increase, while earnings per share stood at INR 120.71 for the financial year ended March 2026.
The latest full-year comparison points to continued revenue expansion. Revenue reached INR 11,217.10 crore in fiscal year 2026, up 13.86 percent from INR 9,851.50 crore in fiscal year 2025, whereas operating profit increased 2.14 percent to INR 1,674.50 crore from INR 1,639.40 crore, the same Upstox data show.
Margin improvement stands out
The quarterly trend gives the revenue increase a more useful operating context. Dhan lists June 2026 revenue at INR 2,974 crore, EBITDA at INR 582 crore and operating profit at INR 548 crore. The operating profit margin was 19 percent in June 2026, compared with 17 percent in March 2026 and 17 percent in December 2025.
That margin progression is the central operating counterweight to the modest September 23 price decline. Dhan also reports that EBITDA margin rose from 16.1 percent in the first quarter of fiscal year 2026 to 18.2 percent in the fourth quarter, while North America revenue share increased from 54.1 percent to 60.4 percent across the same periods.
Stock trades below prior close
At INR 3,279.00 on the NSE as of 11:49 a.m. IST on September 23, 2026, the stock was INR 14.60 below its September 22 close. The quoted market capitalization was INR 35,095.46 crore, while the NSE ticker is LTTS, according to Upstox.
L&T Technology Services stock facts
- Company: L&T Technology Services Ltd.
- ISIN: INE010V01017
- Ticker: LTTS
- Trading venue: NSE
- Price as of September 23, 2026, 11:49 a.m. IST: INR 3,279.00
- Market capitalization: INR 35,095.46 crore (as of September 23, 2026)
- Sector / Industry: Information Technology / Engineering and Technology Services
