Incorporated in 2012, LTTS is a provider of engineering services that provides engineering, research and development (ER&D), and digitalization solutions to businesses in industries including transportation, industrial products, telecommunications, high-tech, medical devices, and plant engineering.
Financial Results:
- L&T Technology Services Ltd. reported Total Income for Q4FY23 of ₹ 2,146 Crores up from ₹ 1,798 Crore year on year, a rise of 19%.
- Total Expenses for Q4FY23 of ₹ 1,714 Crores up from ₹ 1,439 Crores year on year, a rise of 19%.
- Consolidated Net Profit of ₹ 311 Crores, up 18% from ₹ 263 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 29.22, up 42% from ₹ 24.78 in the same quarter of the previous year.