L T Technology Services Q3 FY26 Profit Declines 6% Amid Revenue Growth and Labour Code Costs

L T Technology Services reported a 6.1% year-on-year decline in consolidated net profit to Rs 302.6 crore for Q3 FY26, impacted by a Rs 35.4 crore provision related to new labour codes. Revenue rose 10.2% to Rs 2,923.5 crore. The company sustained strong deal wins with an average total contract value of USD 200 million for five consecutive quarters. Growth was driven by double-digit gains in sustainability and a recovering mobility segment, alongside advancements in AI-led engineering services.