LTTS News
Earnings Impact: L&T Technology Services shares surge 9% on strong Q3 performance
L&T Technology Services shares rose 9% after reporting Q3 results, with net profit at ₹322.4 crore, a YoY drop. Revenue increased 9.5% YoY to ₹2,653 crore, driven by strong deal bookings and growth in key sectors. The company targets 10% revenue growth for FY25.
2 min read16 Jan 2025Persistent Systems share price tanks over 7%, L&T Technology Services shares flat after Q1 results
Persistent Systems’ net profit in Q1FY25 was down 2.8% at ₹306.4 crore from ₹315.3 crore in the previous quarter, while L&T Technology Services reported a net profit of ₹313.6 crore in the first quarter of FY25, registering a decline of 8% QOQ.
3 min read19 Jul 2024L&T Tech Q4 result review: Stock tanks 9.5% as brokerages remain cautious, cut estimates
L&T Tech reported a modest 0.2 percent YoY increase in net profit, reaching ₹340 crore, due to slower revenue growth and a reduction in margins. Its revenue grew 5 percent YoY to ₹2,537.5 crore.
4 min read26 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared