Categories AlphaGraphs, Earnings, Technology

L&T Technology Services Ltd Q4FY24; 7% rise in Revenue

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 Q4FY24 of ₹2,538.00 Crores up from ₹2,371.00 Crore year on year, a rise of 7.04%.

Total Expenses for Q4FY24 of ₹2,123.00 Crores up from ₹1,958.00 Crores year on year, a rise of 8.43%.

Consolidated Net Profit of ₹341.00 Crores from ₹341.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹32.24, up 0.12% from ₹32.20 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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