L&T Technology Services Limited (NSE: LTTS) is a leading global pure-play engineering services company headquartered in India. The company offers a broad range of engineering services across various industries, including aerospace, automotive, industrial products, medical devices, and telecom. LTTS was established in 2013 as a subsidiary of Larsen & Toubro Limited, one of India’s largest engineering conglomerates.
In terms of earnings, Revenue from Operations for Q3 FY23 was ₹2,048.6 crore, a 21.4% increase from ₹1,687.5 crore in the same period last year. The third quarter’s other income, which contributed ₹74.2 Crore to the Total Revenue. Meanwhile, the Profit Before Tax improved to ₹445.6 Crore from ₹340.3 Crore from the same quarter previous year. The Consolidated Net Profit was ₹305 crore, up from ₹249.6 crore in the same quarter last year. This quarter’s earnings per share was ₹28.66.