L&T Technology Services Ltd Q3FY25; 6% fall in Profits

L&T Technology Services Ltd Q3FY25; 6% fall in Profits

LTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and Plant Engineering. LTTS’ customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies. The business also provides digital engineering advisory services. The company went public on September 23, 2016. LTTS has 296 global clients in 25+ countries.

Financial Results:

L&T Technology Services Ltd reported Revenues for Q3FY25 of ₹2,412.00 Crores up from ₹2,148.00 Crore year on year, a rise of 12.29%.

Total Expenses for Q3FY25 of ₹2,023.00 Crores up from ₹1,771.00 Crores year on year, a rise of 14.23%.

Consolidated Net Profit of ₹301.00 Crores down 6.23% from ₹321.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹28.41, down 6.42% from ₹30.36 in the same quarter of the previous year.

 

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