L&T TECHNOLOGY SER. LTD.

In the Q1 FY27 Earnings Conference Call held on July 14, 2026, management reported a revenue of $310 million, reflecting a 1.5% sequential growth and 1.9% year-over-year growth on a constant currency basis. The Mobility segment showed a 2.3% sequential growth, while the Sustainability segment achieved a 4.3% sequential growth and 11.3% year-over-year growth. Management noted EBIT margin expansion to 15.7%, up 50 basis points sequentially and 200 basis points year-over-year. The company secured large deal wins totaling nearly $100 million in TCV. Management highlighted a strategic partnership with Anthropic to enhance their Engineering Intelligence portfolio and announced the inauguration of Europe's first Engineering Intelligence Center in Munich. The call concluded with management expressing confidence in achieving a 13-15% CAGR over the next five years while maintaining EBIT margins of 16-17%.

Management emphasized growth and strategic advancements across various segments.