Mumbai (Maharashtra) [India], October 17 (ANI/BusinessWire India): Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q2 FY23 results today.
Mumbai (Maharashtra) [India], July 15 (ANI/BusinessWire India): Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q1 FY23 results today.
Mumbai (Maharashtra) [India], January 20 (ANI/PRNewswire): Larsen & Toubro Infotech (BSE 540005) (NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY22 results today.
Mumbai Maharashtra India Business Wire India Q3 Revenue of Rs 1688 crore up 20 YoY Q3 Net profit of Rs 249 crore up 34 YoY LT Technology Services Limited BSE 540115 NSE LTTS Indias leading pure-play engineering services company announced its results for the third quarter ended December 31 2021 Highlights for Q3FY22 include Revenue at Rs 16875 million growth of 20 YoY USD Revenue at 2251 million growth of 18 YoY EBIT margin at 186 up 340 bps YoY Net profit at Rs 2488 million growth of 34 YoY Interim Dividend of Rs 10 per share Record date January 27 2022 During the quarter LTTS won a USD45 million deal and a total of 3 deals with TCV of USD10 million plus Revenues from digital and leading-edge technologies stood at 56 during the quarter We sustained our performance trajectory with sequential growth of 42 in constant currency led by strong demand across segments The deal conversations and pipeline in our six big bets - Electric Autonomous Connected Vehicle EACV 5G Med-tech AI Digital Products Digital Manufacturing and Sustainability continues to see healthy improvement as our customers make steady progress on their long-term transformative journeys We are expanding our EACV global presence with the addition of an engineering RD center in Krakow Poland that will strengthen our strategic partnership with European and Global clients In line with our long-term growth prospects and strategy we invested in hiring and onboarding a record 1900 plus trainees leveraging our Global Engineering Academy that is focused on continuous training and upskilling Despite the robust employee addition we further improved our Operating margin to 186 reflecting gains from investments in talent and innovation said Amit Chadha CEO Managing Director LT Technology Services Limited Industry Recognitions Confederation of Indian Industry CII awarded LTTS with the prestigious Top 25 Innovative Company Award at the 2021 Industrial Innovation Award Zinnov rated LTTS as a global ERD Leader and Leader across its core verticals Automotive Aerospace Medical Devices Industrial Semicon and Telecom Zinnov Zones ERD Services Report rated LTTS as a Leader in Digital Engineering AI Engineering Telematics ADAS Digital Thread TeleHealth and OTT LTTS has been recognized as a Leader in Digital Engineering in ISGs Manufacturing Industry Services 2021 Study in the Transportation Hi-Tech and Industrial segments ISGs Life Science Digital Services Study has recognized LTTS as a Leader in Europe USA in the MedTech and Digital Transformation Services areas LTTS Chest-rAITM solution recognized in Innovation in Overall Customer Experience category by ASSOCHAM 2nd Innovators Excellence Awards 2021 Business Leadership Awards 2021 honored LTTS in the Innovation Excellence and Connected Car Platform of the Year categories Patents At the end of Q3FY22 the patents portfolio of LT Technology Services stood at 816 out of which 578 are co-authored with its customers and the rest are filed by LTTS Human Resources At the end of Q3FY22 LTTS employee strength stood at 20118 About LT Technology Services Ltd LT Technology Services Limited LTTS is a listed subsidiary of Larsen Toubro Limited focused on Engineering and RD ERD services We offer consultancy design development and testing services across the product and process development life cycle Our customer base includes 69 Fortune 500 companies and 57 of the worlds top ERD companies across industrial products medical devices transportation telecom hi-tech and the process industries Headquartered in India we have over 20100 employees spread across 17 global design centers 28 global sales offices and 79 innovation labs as of December 31 2021 For more information please visit httpswwwlttscom PWR PWR