L&T Technology Services (LTTS), a leading global pure-play engineering services company, has announced a significant update for its shareholders. The company has set June 6, 2025, as the record date for its proposed final dividend for the fiscal year 2024-25.

Dividend Details

LTTS has proposed a final dividend of ₹38.00 per equity share, subject to approval at the upcoming Annual General Meeting (AGM). This announcement signals a potentially substantial return for the company's shareholders.

Key Dates and Payment

Shareholder Implications

Shareholders of L&T Technology Services who are on the company's register of members on the record date will be eligible to receive the dividend. This move underscores the company's commitment to delivering value to its investors.

Approval Process

It's important to note that the proposed dividend is subject to approval at the Annual General Meeting. Once approved, LTTS has committed to disbursing the dividend within a 30-day timeframe.

Conclusion

This dividend announcement by L&T Technology Services reflects the company's financial performance and its shareholder-friendly policies. Investors and stakeholders will be keenly watching the upcoming AGM for the final approval of this significant dividend payout.

L&T Technology Services Limited (LTTS), a leading pure-play engineering services company, has announced its financial results for the fourth quarter and full year ended March 31, 2025, showcasing mixed performance. The company has also set new margin improvement targets for the coming years.

Q4 FY25 Highlights

• Revenue surged to ₹2,982.00 crore, marking a significant quarter-on-quarter increase of 12.40%.
• Net profit for the quarter declined by 3.40% quarter-on-quarter to ₹311.00 crore.
• EBIT margin contracted to 13.20% from 15.90% in the previous quarter.

FY25 Performance

• Annual revenue climbed to ₹10,670.10 crore, reflecting a 10.60% year-on-year growth.
• Net profit for FY25 decreased by 2.80% to ₹1,266.70 crore.

Financial Summary

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹38.00 per equity share (face value ₹2.00) for the financial year ended March 31, 2025, subject to shareholders' approval at the upcoming Annual General Meeting.

Future Margin Improvement Goals

L&T Technology Services has set specific margin targets across its mobility, sustainability, and tech segments. The company aims to:

• Increase offshore mix to 60%
• Improve overall margins to 16% by Q4 FY27 or Q1 FY28

These improvements are expected to be achieved through operational efficiency, synergy benefits, and improved contract structures.

Market Outlook

Despite the dip in quarterly profits, L&T Technology Services' revenue growth suggests ongoing demand for its services. The company's ability to grow its top line in a challenging market environment may be seen as a positive indicator for its future prospects.

Investors and analysts will likely be watching closely to see how LTTS addresses the pressure on its profit margins while continuing to drive revenue growth in the coming quarters. The newly announced margin improvement goals demonstrate the company's commitment to enhancing profitability in the medium term.

The company's decision to recommend a substantial final dividend of ₹38.00 per share, despite the profit decline, may be interpreted as a sign of confidence in its financial position and future outlook.