L&amp;T Tech Services Q4 Revenue Rises 17.5% YoY to ₹2,982 Crore
L&T Technology Services (LTTS) on Thursday reported a 9% year-on-year decline in net profit for the fourth quarter of FY25, falling to ₹311 crore from ₹341 crore in the same quarter last year. Despite the decline in profit, the company reported a robust operational performance, with revenue increasing by over 17.5% to ₹2,982.4 crore during the quarter. The company stated that the dividend will be disbursed within 30 days following the necessary approvals, though the record date for shareholder eligibility is yet to be finalised. The IT engineering firm reported an EBIT margin of 13.2%, while its EBITDA margin improved to 19.8%. Revenue in dollar terms also increased by 13.1% year-over-year, reaching $345.1 million. Employee strength stood at 24,258 at the end of the quarter, according to the company’s press release. Commenting on the Q4 performance, Amit Chadha, CEO and MD of LTTS, said, “The large deal pipeline has been robust on the back of value enhancement across the clients’ product lifecycle and digital transformation journey.” Looking ahead, Chadha expressed optimism for the coming fiscal year. “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 USD 2 billion revenue,” he said, while adding that AI and automation will provide new solutions. Meanwhile, LTIMindtree, the consulting arm of L&T, reported positive Q4 FY25 results with modest growth. With a 2.6% YoY increase in consolidated net profit for the fourth quarter of FY25, reaching ₹1,128.5 crore, up from ₹1,100.7 crore last fiscal.
‘In our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue.’
‘In our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue.’
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["programming_languages:R", "AI", "digital transformation", "Git", "automation", "R"]
["AI", "R", "Git", "digital transformation", "automation", "programming_languages:R"]
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.