L&T Technology Services Inks Strategic Deal with Tennant for Sustainable Product Innovation Jun 04, 2025
More news about L&T Technology Services
21May 25
L&T Technology Services Joins Forces with BITS Pilani and CRENS for National Security R&D
L&T Technology Services Limited (LTTS) has formed a strategic collaboration with BITS Pilani and CRENS to drive research and development in national security. The partnership aims to combine LTTS's engineering expertise with BITS Pilani's academic excellence and CRENS's specialized knowledge. The initiative will focus on defense, law enforcement, and cybersecurity domains to address complex national security challenges through innovative research and technological advancements.
L&T Technology Services (LTTS) reported Q4 FY25 revenue of ₹2,982.00 crore, up 12.40% QoQ, but net profit declined 3.40% to ₹311.00 crore. FY25 revenue grew 10.60% YoY to ₹10,670.10 crore, while annual net profit fell 2.80%. EBIT margin contracted to 13.20%. The company announced a final dividend of ₹38.00 per share and set new margin improvement goals, aiming for 16% margins by Q4 FY27 or Q1 FY28.
L&T Technology Services Limited (LTTS) announced its Q4 and FY25 financial results. Q4 revenue reached ₹29,824.00 million, up 12.4% QoQ and 17.5% YoY. FY25 revenue was ₹106,701.00 million, up 10.6% YoY. The company reported highest-ever large deal bookings in Q4, including deals worth over $80 million and $50 million. LTTS recommended a final dividend of ₹38.00 per equity share. The company expects FY26 to outperform FY25 with double-digit revenue growth in constant currency.
L&T Technology Services Reports Strong Q4 Growth, Optimistic on FY26 Outlook
L&T Technology Services Limited (LTTS) reported robust Q4 FY25 results with revenue reaching ₹29,824.00 million, a 12.4% QoQ growth. USD revenue grew 10.7% QoQ to $345.10 million. For FY25, revenue reached ₹106,701.00 million, up 10.6%. The company secured its highest-ever large deal bookings in Q4, including deals worth over $80 million and $50 million. LTTS completed the acquisition of Intelliswift and announced a final dividend of ₹38.00 per share. Management expects FY26 to outperform FY25 with double-digit revenue growth, focusing on AI and Automation opportunities.
24Apr 25
L&T Technology Services: Q4 Profit and Margin Miss Estimates, Declares Dividend
L&T Technology Services (LTTS) announced Q4 FY25 results with revenue up 12.40% to ₹2,982.40 crore, but net profit down 3.50% to ₹311.10 crore. The company secured its highest-ever large deal bookings, including deals worth over $80 million and $50 million. LTTS recommended a final dividend of ₹38.00 per share. The Tech segment showed the highest growth at 29.60%. Despite mixed results, LTTS remains optimistic about FY26, expecting it to outperform FY25 based on strong deal bookings and opportunities in AI and Automation.
22Apr 25
L&T Technology Services to Announce Q4 and FY25 Results, Consider Final Dividend
L&T Technology Services Limited (LTTS) has announced a Board meeting on April 24, 2025, to approve Q4 and FY25 financial results. The Board will consider recommending a final dividend for FY24-25. An earnings call is scheduled for 7:00 PM on the same day. The trading window for insiders will be closed from April 1 to April 26, 2025.
L&T Technology Services Secures €50 Million Deal with European Automotive OEM
L&T Technology Services (LTTS) has secured a €50 million deal with a major European Automotive OEM. The agreement involves developing next-generation software platforms for current and future vehicle models. LTTS will establish a new development center to advance the client's technology stack, including unified architecture, proprietary operating system, automotive cloud, and advanced vehicle features. The deal showcases LTTS' expertise in Software Defined Vehicle development, Advanced Driver Assistance Systems, and Software Defined Everything.
19Mar 25
L&T Technology Services Unveils AI-Powered TrackEI™ to Revolutionize Railway Safety
L&T Technology Services Limited (LTTS) has introduced TrackEI™, an AI-powered solution for railway safety. Leveraging NVIDIA Jetson™ platform, TrackEI™ performs high-speed automated inspections at over 60 MPH, using advanced cameras and laser profiling to detect track defects in real-time. The system offers continuous improvement through machine learning and will be showcased at NVIDIA GTC 2025. Currently undergoing testing at MxV Rail, TrackEI™ aims to revolutionize railway maintenance and safety protocols.
20Feb 25
L&T Secures Significant Contract Worth Up to ₹50 Billion, Boosting Order Book
Larsen & Toubro (L&T) has won a significant contract valued between ₹25 billion to ₹50 billion. This substantial deal is expected to boost L&T's order book, enhance revenue visibility, and reinforce its strong market position in India's infrastructure sector. While specific project details remain undisclosed, the contract underscores L&T's continued prominence in engineering and construction.