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LTTS AI DEALS
Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 resultsL&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins ...- LTTS reports 67% net profit surge to Rs 548.2 crore, driven by SWC businessThe Pune-headquartered company booked a capital gain of Rs 165 crore from the SWC divestment. Profit from continuing operations rose about ...
- Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
- IT midcaps hire executives to close AI strategy gapSeveral companies across the mid-tier outsourcing space have hired executives to help navigate the challenges posed by AI. In March, Persis...
- L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividendL&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engine...
- LTTS reports 2.8% year-on-year rise in net profitThe Mumbai-headquartered company’s revenue jumped 15.8% YoY to Rs 2,979.5 crore, up 4.0% quarter-on-quarter (QoQ), backed by growth in key ...
- LTTS bags USD 100 million deal from US-based manufacturerL&T Technology Services (LTTS) secured a USD 100 million multi-year agreement with a US-based industrial equipment manufacturer serving the...
- L&T Tech shares in focus after Q1 profit edges up, revenue rises 16% YoYL&T Tech shares: Operating revenue increased by 16% year-on-year to ₹2,866 crore in Q1FY25, up from ₹2,462 crore in the same quarter last y...
- L&T Tech Q1 Results: Cons PAT up marginally YoY, revenue surges 16%LTTS Q1 results: L&T Technology Services reported a marginal 0.7% increase in its June quarter consolidated net profit at Rs 316 crore vers...
- LTTS opens engineering hub in Texas; will create 350 jobsIn a statement, the company said the centre will create over 350 jobs and is part of plans to establish more near-shore facilities tailored...
- LTTS bags $50 million deal from US telecom operatorLTTS said that by leveraging artificial intelligence and automation, this agreement will help the company boost its telecom segment. Amit C...
- Agile mid-sized IT uses AI, pricing to bag bigger dealsCompanies like Persistent Systems, Sonata Software, and LTTS are leveraging AI to attract more vendor consolidation deals, aided by their a...
- LTTS net profit up 1.9% QoQ at Rs 319.6 croreThe IT engineering firm saw broad-based growth across all verticals and geographies, with revenue rising 4.5% sequentially to Rs 2,572.9 cr...
- LTTS’ net profit grew 0.2% to Rs 341 croreThe muted growth in profit comes on the back of the company seeing a marginal decline in its operating margin which fell from 17.2% in Q3 t...
- LTTS bags $100 million cybersecurity project from Maharashtra governmentMid-sized IT firm L&T Technology Services (LTTS) will establish an AI, ML-driven cybersecurity & digital threat analytics centre for Mahara...
- Innovation in the 5G space will lead to newer business opportunities: L&T Technology’s Amit ChadhaThe presence of more players in the 5G spectrum market creates a kind of level-playing field. From a research and development standpoint, t...
- L&T Technology Services bags $45 million deal from US-based automotive companyUnder the terms of the deal, L&T Technology Services will mark its expansion into Eastern Europe and will work with its customer to deliver...
- LTTS Q2 results: Net profit up 39% to Rs 230 croreIn dollar terms, revenues were up 22 per cent at $217.4 million, and the EBIT margin was at 18.4 per cent, up 470 basis points.
- LTTS Q1 net profit up 84%LTTS won six deals of over $10 million during the quarter, including two of over $25 million.
- L&T Technology Services (LTTS) wins $40 million engineering content management deal in EuropeLTTS is a subsidiary of Larsen & Toubro is an engineering and R&D (ER&D) firm with 13,000 employees across 16 design centers and 42 innovat...
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