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LTTS REVENUE GROWTH
AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, s...- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- LTTS opens AI engineering intelligence center in MunichL&T Technology Services has opened a new Engineering Intelligence Centre in Munich, Germany, which will focus on AI-driven product engineer...
- Stocks in news: RIL, Infosys, Adani Energy, Dabur India, Adani GreenMarkets experienced a corrective session on Thursday, extending previous weakness amid adverse global cues. Key companies like RIL, Infosys...
- 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 Q4 net profit rises 7% to Rs 332 croreHowever, the company's net profit for Q4 from continuing operations, after it divested the Smart World and Communication (SWC) division, ju...
- LTTS to sell Smart World unit for Rs 452 crore to refocus on AI strategyUnder the business transfer agreement, the buyer will be a joint venture between ParadigmIT and AM Intelligence Labs Private Limited, promo...
- LTTS bags deal to set up offshore development centre for US firm TennantL&T Technology Services (LTTS) has partnered with Tennant Company to develop sustainable cleaning products, establishing an engineering cen...
- LTTS acquires silicon valley based Intelliswift for $110 million; adds 1,500 headcountWhile declining to give details about the margin impact that the company might face though this acquisition, Amit Chadha, CEO and MD, LTTS,...
- 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 wins $48 million deal with European auto parts supplier ForviaAs part of this five-year partnership, approximately 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites, have trans...
- 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...
- L&T Technology shares tank 5% after Q4 results"While LTTS is well-positioned to play the ERD theme and grow at premium rates, we do not find the risk-reward favourable. We value the sto...
- 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 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 Q2 results: Net profit falls 19.5% to Rs 165.5 croreLTTS won eight multi-million dollar deals during the quarter ended September 30, including three with a Total Contract Value of over $15 mi...
- LTTS net profit up 21% in Q4FY19The company recorded a 51 per cent increase in net profit for FY19 at Rs 766 crore.
- L&T Technology Q3 net profit soars 47% to Rs 186 croreRevenue grew 36 per cent to Rs 1,316.9 crore in the said period as against Rs 969.1 crore a year ago.
- L&T Technology Services Q1 profit doubles YoY to Rs 198 croreDuring the quarter, revenues from digital & leading-edge technologies increased to 31% of the overall business.
- LTTS may see 18% growth in FY18, sees promise in large dealsThe company’s patent portfolio stood at 300 patents, out of which 228 are co-authored with its customers and 72 are filed by LTTS.
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