L&T Technology Services reports a resilient Q4FY21 to close FY21 with strong execution
Monday, May 3, 2021 7:33PM IST (2:03PM GMT)
Q4 Net profit of Rs 195 crore, up 5% QoQ
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the fourth quarter and full year ended March 31, 2021.
USD Revenue at $197.5 million; growth of 3.9% QoQ
EBIT margin at 16.6%; up 140 bps QoQ
Net profit at
Highlights for FY21 include:
USD Revenue at $737 million; decline of 6.3%
EBIT margin at 14.5%
Board has recommended a final dividend of Rs 14.50 per share
During the quarter, LTTS won 6 deals with TCV of USD10 million plus, which includes 2 USD25 million plus deals. Revenues from digital and leading-edge technologies stood at 52% during the quarter.
L&T Technology Services Wins 2021 BIG Innovation Awards, USA
Friday, January 29, 2021 9:45AM IST (4:15AM GMT)
LTTS recognized in the “Product” Category for its innovative healthcare and smart campus solutions - Chest rAI™ & i-BEMS
Bengaluru, Karnataka, India: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that two of its digital solutions have been recognized with the 2021 BIG Innovation Awards in the “Product” category presented by the Business Intelligence Group, USA.
Chest rAI
TM, LTTS’ AI based chest X-Ray analysis system to assist radiologists in improving speed and accuracy of diagnosis and LTTS’ proprietary building automation framework,