LTTS

What L&T Technology Services promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 22 tracked 4 delivered 5 missed 13 open
  • Quarterly Headcount Addition missed said Q4 FY26 Promised: Add ~500 employees per quarter in Q1, Q2, and Q3 of FY27 Q1 FY27: Net headcount addition was only 15 for the quarter (from 23,830 to 23,845), significantly missing the Q1 target of ~500.
  • Combined DSO revised up said Q4 FY26 Promised: Maintain combined DSO in the range of 85-90 days Q1 FY27: Combined DSO improved to 77 days. Management revised the guidance favorably to a new range of 80-85 days going forward.
  • H2 FY26 EBIT Margin vs H1 FY26 delivered said Q2 FY26 Promised: H2FY26 margins to be better than H1FY26 margins Q4 FY26: Q4 EBIT margin was 15.2%, bringing the H2 FY26 average margin to 14.9%. This is significantly higher than H1 FY26 margins (e.g., Q2 was 13.4%), thus achieving the promise.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 22 tracked commitments for L&T Technology Services — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens