Annual report for L&T Technology Services Ltd. for FY-2024
26-04-2024
L&T Technology Services Ltd - 540115 - Q4FY24 Earnings Conference Call Recording
Q4FY24 Earnings Conference Call Recording25-04-2024
L&T Technology Services Results Earnings Call for Q4FY24
Conference Call with L&T; Technology Services Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.25-04-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for L&T Technology Services Ltd.
IT Consulting & Software company L&T; Technology Services announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue reached Rs 25,375 million, marking a growth of 7% YoY and 5% QoQ. USD Revenue stood at USD 305.1 million, witnessing a growth of 6.3% YoY and 5.1% QoQ in constant currency. EBIT margin was at 16.9%. Net profit amounted to Rs 3,409 million. LTTS signed significant deals during the quarter, including one worth USD 100 million, one worth USD 30 million, and two each of USD 20 million and USD 10 million. Additionally, a significant empanelment agreement was signed. FY24 Financial Highlights: Revenue amounted to Rs 96,473 million, experiencing a growth of 9%. USD Revenue stood at USD 1,164 million, showing a growth of 7% in constant currency. EBIT margin was at 17.1%. Net profit reached Rs 13,037 million, marking a growth of 8%. The Board recommended a final dividend of Rs 33 per share. “With a strong 5.1% sequential growth in Q4, our revenue run-rate has now crossed the USD 1.2 billion run-rate, a year after we moved past the USD 1 billion mark. We won a landmark USD 100 million deal in cybersecurity where we will architect and operate a sophisticated cyber intelligence centre by leveraging AI and Digital Forensic solutions. Our disciplined investments into new technology areas have enabled us to win larger engagements and drive a 16% CAGR in dollar revenue and 25% CAGR in profits, over the past 3 years. We are proud of the milestones achieved in FY24 which include the successful integration of SWC into LTTS, securing several significant wins in cybersecurity and next-generation communications supported by a comprehensive portfolio, filing 54 patents in AI along with a total of 1,296 patents to date, and developing a robust pipeline of opportunities in the Software-Defined Vehicle (SDV) domain. We are now embarking on the next stage of growth with a ‘Go Deeper to Scale’ strategy under which we will streamline our organization into 3 segments – Mobility, Sustainability and HiTech. This cohesive structure will enhance our agility and domain specialization to unlock higher value for customers and employees.” said Amit Chadha, CEO & Managing Director, L&T; Technology Services. Result PDF25-04-2024
L&T Technology Services Ltd - 540115 - Revised Filing - Grant Of Options
We refer to our even dated letter informing about grant of options under the ESOP Scheme, 2016, of the Company. We had inadvertently mentioned a grant of 51,600 options instead of grant of 51,400 options.25-04-2024
L&T Technology Services Ltd - 540115 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
L&T Technology Services unveils Strategic Reorganization, attached press release25-04-2024
L&T Technology Services Ltd - 540115 - Disclosure Under Regulation 30 Of SEBI LODR
As attached25-04-2024
L&T Technology Services Ltd - 540115 - Announcement under Regulation 30 (LODR)-Investor Presentation
Q4FY24 Investor Presentation25-04-2024