* LTTS is an engineering R&D (ER&D) services provider. It offers consultancy, design, development and testing services across the product development life cycle. It primarily operates in three segments: i) Mobility (automotive, commercial vehicles, aerospace), ii) Sustainability (Tech, FMCG, Oil and Gas), and iii) Hi-Tech (Semi-conductors, consumer electronics).
* Company delivered 3.4% QoQ CC revenue growth in Q2FY25 backed by robust growth across its verticals. In H1FY25, it has ...
Investment Pick For Diwali 2024 : L&T Technology Services Ltd For Target Rs. 6,223 By Nirmal Bang Ltd
L&T Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647 crore which is a 9 per cent growth (year-on-year).
The company will also consolidate its existing five segments into three: mobility, sustainability and hi-tech.
For the quarter ended March 31, the engineering services company registered revenue of Rs 2,537 crore, a growth of 7 per cent (year-on-year), with a net profit of Rs 340 crore.
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L&T Technology Services logs Rs 1,304 crore in net profit in FY24
