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L&T Technology Services reports Q3FY21 with growth across all five segments

L&T Technology Services reports Q3FY21 with growth across all five segments
ANI |
Updated: Jan 21, 2021 13:14 IST
Mumbai (Maharashtra) [India], January 21 (ANI/BusinessWire India): L&T Technology Services Limited, India s leading pure-play engineering services company, announced its results for the third quarter ended December 31, 2020.
Highlights for Q3FY21 include:
Revenue at Rs 14,007 million; growth of 6.6 per cent QoQ
EBIT margin at 15.2 per cent; up 150 bps QoQ
Net profit at Rs 1,861 million; growth of 12.4 per cent QoQ
During the quarter, LTTS won 7 deals with TCV of USD 10 million-plus, which includes a USD 100 million-plus deal and 2 USD15 million plus deals. Revenues from digital and leading-edge technologies stood at 49 per cent during the quarter. ....

Company Of The Year , Lt Technology Services , Human Resource Team , Confederation Of Indian Industry , Company As Leader , Businesswire India , Digital Thread , Industrial Products , Indian Digital Enabler Awards , Best Tech , Best Medical Devices Equipment , Zinnov Zones , Digital Engineering , Golden Bridge Grand Awards , Indian Industry , L Amp Ampt Technology Services Limited , Engineering Services Company , Xyz Synthesizer , நிறுவனம் ஆஃப் தி ஆண்டு , ல்ட் தொழில்நுட்பம் சேவைகள் , மனிதன் வள அணி , கூட்டமைப்பு ஆஃப் இந்தியன் தொழில் , நிறுவனம் என தலைவர் , டிஜிட்டல் நூல் , தொழில்துறை ப்ராடக்ட்ஸ் , சிறந்தது தொழில்நுட்பம் ,

L & T Technology Services reports Q3FY21 with growth across all five segments

Highlights for Q3FY21 include:
Revenue at Rs 14,007 million; growth of 6.6 per cent QoQ
EBIT margin at 15.2 per cent; up 150 bps QoQ
Net profit at Rs 1,861 million; growth of 12.4 per cent QoQ
During the quarter, LTTS won 7 deals with TCV of USD 10 million-plus, which includes a USD 100 million-plus deal and 2 USD15 million plus deals. Revenues from digital and leading-edge technologies stood at 49 per cent during the quarter.
We had a strong performance with sequential improvement in both revenue and operating margin. All five of our industry segments grew sequentially, with three segments recording growth of 5 per cent plus. Deal wins were especially strong in the quarter helped by a marquee USD100M plus engagement with an O & G major - a validation of our best-in-class domain expertise and deep customer relationships. ....

Company Of The Year , Lt Technology Services , Human Resource Team , Confederation Of Indian Industry , Company As Leader , Businesswire India , Digital Thread , Industrial Products , Indian Digital Enabler Awards , Best Tech , Best Medical Devices Equipment , Zinnov Zones , Digital Engineering , Golden Bridge Grand Awards , Indian Industry , L Ampt Technology Services Limited , Engineering Services Company , Xyz Synthesizer , நிறுவனம் ஆஃப் தி ஆண்டு , ல்ட் தொழில்நுட்பம் சேவைகள் , மனிதன் வள அணி , கூட்டமைப்பு ஆஃப் இந்தியன் தொழில் , நிறுவனம் என தலைவர் , டிஜிட்டல் நூல் , தொழில்துறை ப்ராடக்ட்ஸ் , சிறந்தது தொழில்நுட்பம் ,