India, Oct. 19 -- L&T Technology Services (LTTS) reported a 12.1% year-on-year increase in consolidated revenue, from Rs 2,713.3 crore to Rs 3,040.4 crore in the second quarter of FY2027. Net profit attributable to shareholders rose 66.8% to Rs 548.2 crore from Rs 328.7 crore a year earlier, including a one-time gain from the divestment of its Smart World and Communication (SWC) business.

The engineering research and development (ER&D) services company recorded sequential revenue growth of 3.4% from Rs 2,940.1 crore in the preceding quarter. Revenue reached USD 317.1 million, increasing 3.3% year-on-year and 2.3% sequentially in reported US dollar terms. In constant currency, growth stood at 4.8% and 2.7%, respectively.

Profit from cont...