L&T Technology Services Ltd

Revenue from operations stood at Rs 2,982.4 crore in the March 2025 quarter, marking a 12.42% increase from Rs 2,653.0 crore reported in the previous quarter. On a year-on-year (YoY) basis, the IT firm reported an 8.74% decline in net profit, while revenue rose by 17.53% in Q4 FY25. Profit before tax came in at Rs 440.80 crore during the quarter, down 2.86% QoQ and 9.28% YoY. EBITDA stood at Rs 475.5 crore in Q4 FY25, registering a decline of 3.88% QoQ and 5.43% YoY. The EBITDA margin fell to 15.9% in Q4 FY25 from 19.8% in Q4 FY24 and 18.6% in Q3 FY25. EBIT margin dropped to 13.2% in Q4 FY25, compared to 16.9% in Q4 FY24 and 15.9% in Q3 FY25. In dollar terms, the company's revenue stood at $345.1 million in Q4 FY25, registering growth of 10.7% QoQ and growth of 13.1% YoY. In constant currency, the firm reported a rise of 10.5% QoQ and a 14.2% increase on a YoY basis. During the quarter, LTTS signed one $80 million deal, one $50 million deal, along with deals worth $30 million and $20 million, and three deals valued at $10 million each. At the end of Q3 FY25, the patent portfolio of L&T Technology Services stood at 1,502, out of which 929 are co-authored with its customers and the rest are filed by LTTS, and employee strength stood at 24,258. Amit Chadha, CEO & managing director of LTTS, said, 'In Q4, we continued our large deal momentum, recording the highest-ever TCV bookings. The large deal pipeline has been robust on the back of value enhancement across the clients' product lifecycle and digital transformation journey. We delivered 8.9% revenue growth in constant currency in FY25. In Q4, we had strong sequential growth of 10.7%, which was led by the tech and sustainability segments in a quarter of tightening market conditions. During the quarter, we completed the acquisition of Intelliswift, allowing us to address new markets in service-led sectors. We achieved three notable milestones: crossing Rs 10,000 crore in annual revenue, surpassing 1,500 patent filings, and being officially recognized as a Great Place to Work in the U.S. for the second year in a row and in Japan for the first time ever. As we step into FY26, we see the technology landscape tilting sharply towards AI and automation, providing us with new opportunities to develop AI-led solutions. Based on the large deal bookings closed during the quarter, in our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of $2 billion revenue.' Meanwhile, the board of directors has recommended a final dividend of Rs 38 per equity share (face value of Rs 2 each) for the financial year ended 31 March 2025. The proposed final dividend will be paid within 30 days of shareholder approval at the upcoming Annual General Meeting. L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes.Powered by Capital Market - Live

L&T Technology Services announced that the Board of Directors of the Company at its meeting held on 24 April 2025, inter alia, have recommended the final dividend of Rs 38 per equity Share (i.e. 1900%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of L&T Technology Services declined 8.74% to Rs 311.10 crore in the quarter ended March 2025 as against Rs 340.90 crore during the previous quarter ended March 2024. Sales rose 17.53% to Rs 2982.40 crore in the quarter ended March 2025 as against Rs 2537.50 crore during the previous quarter ended March 2024. For the full year,net profit declined 2.84% to Rs 1266.70 crore in the year ended March 2025 as against Rs 1303.70 crore during the previous year ended March 2024. Sales rose 10.60% to Rs 10670.10 crore in the year ended March 2025 as against Rs 9647.30 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2982.402537.50 18 10670.109647.30 11 OPM %15.9419.81 -17.7419.89 - PBDT508.90545.60 -7 2046.002075.40 -1 PBT427.30471.00 -9 1740.701803.80 -3 NP311.10340.90 -9 1266.701303.70 -3 Powered by Capital Market - Live

The said deal marks a significant achievement for the company in its mobility segment, strengthening its position as a trusted engineering partner in the global automotive ecosystem. The comprehensive scope of this transformational deal includes the establishment of a development center that leverages software defined vehicle (SDV), advanced driver assistance systems (ADAS) capabilities for the client. The company secured this prestigious deal through its expertise in SDV, ADAS, and software defined everything (SDe). Its strategic investments in driverless car technologies have enabled the development and launch of an integrated ADAS stack along with cutting edge solutions in AI and SDVs, helping clients accelerate time-to-market and stay competitive. The company's EV lab in Bangalore, India serves as a hub for the development and testing of advanced electric vehicle technologies. Recently, the company launched LTTSiDrive for global clients in Mobility, a framework for SDV implementation across Auto, Trucks, and Off-Highway vehicles, further underscoring LTTS' innovation-driven approach. Amit Chadha, CEO & managing director, L&T Technology Services and nasscom executive council member stated, We are thrilled to collaborate with one of the most influential automotive leaders in Europe. This deal underlines LTTS' proven competencies in software-defined mobility and reflects our commitment to enabling transformation in the global automotive landscape. Our expertise in EV technologies, SDVs and ADAS, complemented by our robust digital engineering capabilities, positions us to create powerful impact for our customers, making future-ready mobility a reality. L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes. The company's consolidated net profit increased marginally to Rs 322.4 crore in Q3 FY25 as against Rs 319.6 crore in Q2 FY25.Revenue from operations was at Rs 2,653 crore in the December 2024 quarter, up 3.11% as against Rs 2,572.9 crore reported in the preceding quarter of the same year.Powered by Capital Market - Live

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

L&T Technology Services announced the launch of TrackEi', an AI-powered railway track inspection solution. Designed as part of LTTS' growing mobility portfolio, TrackEi' leverages the NVIDIA Jetson' platform for edge AI and robotics ' to deliver real-time defect detection and, support predictive maintenance, enhancing safety for rail networks worldwide. The latest development follows a series of accolades recognizing LTTS' leadership in rail innovation, including winning the Etihad Rail Innovation Award for its 'Innovative Way to Detect Visible Rail Defects in Real-Time.' TrackEi' will be showcased at the NVIDIA GTC 2025 AI Conference, highlighting LTTS' ongoing commitment to AI-driven transformation in transportation infrastructure. Traditionally, rail inspection involved manual processes or slow-moving trolleys, which are time consuming and sometimes fail to detect critical flaws in time to prevent derailments. TrackEi' addresses this challenge by automating high-speed inspections at over 60 Miles Per Hour, utilizing high-resolution cameras and laser profiling to identify issues such as broken rails, cracks, track misalignments, and other structural defects. By integrating deep learning algorithms powered by NVIDIA accelerated computing, TrackEi' delivers immediate actionable intelligence and continuously improves detection accuracy over time. The launch of TrackEi' builds on LTTS' deep collaboration with NVIDIA, which recently included the unveiling of a cutting-edge AI Experience Zone at LTTS. This ongoing partnership underscores LTTS' commitment to driving innovation across industries by leveraging advanced AI technologies. Accelerated by the NVIDIA JetsonTM platform, LTTS' TrackEi' solution, having gone through initial trial at our Class-I Railroad customers in different variants, is currently undergoing testing and evaluation at MxV Rail in Pueblo, CO, under the supervision of Dr. Anish Poudel, Scientist (Research & Innovation) and his research team. MxV Rail is a wholly owned subsidiary of the Association of American Railroads. Powered by Capital Market - Live

L&T Technology Services has allotted 2,050 equity shares under ESOS on 12 March 2025. Powered by Capital Market - Live

L&T Technology Services has spearheaded technological transformation at Maha Kumbh 2025, the planet's largest human gathering. Leveraging advanced AI, IoT, and real-time analytics, LTTS ensured seamless movement and enhanced experience for over 660 million pilgrims. At the heart of this monumental event was an advanced Integrated Command & Control Center (ICCC) in Prayagraj, operating 24/7, complemented by a disaster recovery hub in Bangalore. This infrastructure empowered authorities to proactively manage operations while delivering an organized and uplifting environment for attendees. Next-generation ICCC and AI-driven analytics remain key differentiators in LTTS' Tech and Sustainability segments. The key highlights from the mega event include: ' AI-Powered Command Center ' Real-time situational awareness, geographical awareness and actionable intelligence for density monitoring, predictive analytics, and proactive planning prevented congestion and potential hazards. ' 24/7 Surveillance & Response ' A robust video management system with 2,700+ advanced cameras ensured complete visibility, while a dedicated Kumbh Helpline provided emergency assistance. ' Smart Traffic & Waste Management ' AI-based solid waste detection and intelligent traffic control enhanced urban efficiency, ensuring an organized event experience. 'Supporting local authorities, LTTS' Smart World division showcased the transformative potential of advanced technologies at Maha Kumbh 2025,' said Abhishek Sinha, Executive Director and President - Medical, Smart World & Functions, at L&T Technology Services. 'From AI-driven analytics to integrated command centers, LTTS has set a new benchmark in leveraging cutting-edge solutions for convenience and efficiency. This event celebrated faith while exemplifying innovation through robust security protocols, and effective city management, creating a seamless and extraordinary experience for all devotees.' ' Dynamic Public Guidance ' Variable message displays and mobile updates provided real-time alerts, guiding devotees efficiently. ' Multi-Agency Coordination ' Two high-tech Viewing Centers with multiple workstations enabled seamless collaboration among law enforcement and civic agencies.Powered by Capital Market - Live

L&T Technology Services Ltd rose for a third straight session today. The stock is quoting at Rs 4729.75, up 3.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73855.47, up 1.19%. L&T Technology Services Ltd has dropped around 14.45% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has dropped around 10.92% in last one month and is currently quoting at 37276.95, up 2.81% on the day. The volume in the stock stood at 93026 shares today, compared to the daily average of 1.57 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 4745.5, up 3.72% on the day. L&T Technology Services Ltd is down 10.52% in last one year as compared to a 0.46% fall in NIFTY and a 3.58% fall in the Nifty IT index.The PE of the stock is 39.12 based on TTM earnings ending December 24.Powered by Capital Market - Live

L&T Technology Services Ltd is down for a fifth straight session today. The stock is quoting at Rs 5000.5, down 0.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.87% on the day, quoting at 22830.85. The Sensex is at 75660.79, down 0.63%.L&T Technology Services Ltd has added around 3.07% in last one month.Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has eased around 5.13% in last one month and is currently quoting at 41315.55, down 0.34% on the day. The volume in the stock stood at 83142 shares today, compared to the daily average of 2.13 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 5019.75, down 0.44% on the day. L&T Technology Services Ltd tumbled 7.95% in last one year as compared to a 4.2% rally in NIFTY and a 8.36% spurt in the Nifty IT index.The PE of the stock is 43.03 based on TTM earnings ending December 24.Powered by Capital Market - Live