L&T Technology Services expects a robust second half of fiscal 2027, helped by large deals and a growing order backlog.

Revenue for the quarter to 30 September rose to 30.4 billion rupees, from 27.13 billion a year ago.

Net profit from continuing operations rose 19.6% to 3.80 billion rupees.

The sustainability segment, its biggest revenue source, grew 22.9% year on year.

The mobility unit, about a third of revenue, grew 13.5%, while the tech segment was flat.

Revenue from North America, which makes up 60.7% of the total, grew 4.4%.

The wider engineering R&D industry faces slow electric vehicle adoption and weak tech spending.

CEO Amit Chadha said demand and its large-deal engine give confidence in the medium-term trajectory.

Read the full article for more details on L&T Technology Services’ results.