L&T Technology Services Q1 results: Net profit rises 27% to Rs 274 cr

L&T Technology Services Q1 results Amit Chadha, CEO and Managing Director, LTTS said in a statement,” We started the new fiscal time on a strong note, with earnings showing a steady growth of4.7 percent successionally.”

L&T Technology Services Q1 results:

L&T Technology Services( LTTS) on Friday reported a 27 percent rise in consolidated net profit at Rs 274 crore for the three months ended June.

The company had posted a net profit of Rs216.2 crore in the same period a time ago.

” We started the new financial time on a strong note, with profit up4.7 percent successionally in constant currency. ” Growth was led by factory engineering and artificial products, which served from spending on digital manufacturing, energy transition,,, and smart connected products,” Amit Chadha, CEO and Managing Director, LTTS said in a statement.

The company’s consolidated profit from operations grew23.4 percent to Rs crore in the first quarter of the current financial. It was Rs crore in the time- ago period. “ Our aerospace and rail member is seeing a reanimation of large deal bookings with deals worth USD 50 million in the first quarter, on the reverse of a longer-term deal that we won last quarter.”. we see a broad- grounded channel of openings that gives us the confidence to sustain the growth instigation,” Chadha said.

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