L&T Technology Services Limited — PPTs, 15-01-2025: Investor Presentation

L&T Technology Services reported a robust third quarter with a revenue of ₹2,653 crore, reflecting a 3.1% sequential growth and 9.5% year-on-year increase. The company's net profit stood at ₹322 crore, up 0.9% QoQ. Notably, the EBIT margin expanded to 16.2% after excluding one-time non-operational M&A expenses, an improvement of 110 basis points QoQ.

During this quarter, LTTS secured eight significant large deals, including a USD 50 million contract with a global network provider and a multimillion-dollar project in sustainability with a leading oilfield services firm. The company has ramped up its activities in sectors such as MedTech and renewable energy, indicating a positive market response.

Moreover, the completion of the Intelliswift acquisition has bolstered LTTS’s capabilities in software and platform engineering, enhancing its presence in high-growth areas like Retail, Fintech, and Healthcare. With a continued strong deal pipeline and investments in AI-driven solutions, LTTS maintains a positive outlook for future revenue growth, aiming for nearly 10% growth in constant currency for FY25. Investors should watch closely as LTTS strengthens its strategic positioning in the technology landscape.