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L&T Technology Services reports double-digit revenue growth in Q1FY22 ANI | Updated: Jul 15, 2021 10:20 IST
Mumbai (Maharashtra) [India], July 15 (ANI/BusinessWire India): L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2021.
Highlights for Q1FY22 include:
USD Revenue at $205.7 million; growth of 20% YoY
EBIT margin at 17.3%; up 520 bps YoY
Net profit at Rs 2,162 million; growth of 84% YoY
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 54% during the quarter.
L & T Technology Services reports double-digit revenue growth in Q1FY22
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By Letters to the Editor Send us your views on the week s news
Letter to the Editor: Winton is the new Bournemouth THERE’S no question about it, Winton is the new Bournemouth. Our old town centre is a shadow of its former self. Big department stores empty, and with many other smaller shops boarded up, Bournemouth has a ‘ghost town’ feel about it. You can literally see the tumbleweed. Compare and contrast with Winton. A hive of activity, bustling with shoppers and people eating and drinking in a wide variety of bars and cafes. Big shops such as Lidl, Waitrose, Sainsburys and Tesco alongside Wilko, G&Ts, Boots, WH Smiths and dozens of other smaller outlets.