L&T Technology Services Limited — Important, 24-04-2025: General Updates
The Board of Directors of L&T Technology Services has approved the audited financial results for the quarter and year ended March 31, 2025. The consolidated revenue from operations for the year reached ₹1067.01 crore, an increase from ₹964.73 crore in the previous year. Net profit for the same period was ₹1263.5 crore, slightly down from ₹1306.3 crore, indicating strong operational performance despite market pressures.
The Company has declared a final dividend of ₹38 per equity share, reflecting confidence in the company's financial health. They have reorganized their operating segments into three: Mobility, Sustainability, and Tech to streamline operations. Additionally, L&T Technology Services has acquired a 100% stake in Intelliswift Software, reinforcing its capabilities in digital transformation and software product development. The management indicates a positive outlook for growth driven by these strategic initiatives, emphasizing the potential for further market expansion.
