L&T Technology Services

Engineering R&D services arm of Larsen & Toubro

Overview

L&T Technology Services (LTTS) reported consolidated FY2026 revenue of ₹10,996 crore, up 14.0% from ₹9,642 crore a year earlier[14]. A subsidiary of Larsen & Toubro, it is an engineering and technology services company providing design, development, testing and maintenance services across products and processes[14]. Its Tech segment, focused on engineering-led product and platform work, accounted for about 33% of revenue in FY2026, up from about 30% a year earlier[14]. LTTS is the largest pure-play engineering R&D services company on the list. It ranks 11th of the 50 companies here, behind Hexaware Technologies, with revenue equal to 4.1% of that of TCS. Its year-on-year revenue change ranks 19th of the 47 companies for which a prior-year figure was available.

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