L&T Technology Services Ltd gained for a third straight session today. The stock is quoting at Rs 5355.15, up 2.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 23211.05. The Sensex is at 76656.14, down 0.5%. L&T Technology Services Ltd has gained around 3.48% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has gained around 7.53% in last one month and is currently quoting at 43188.8, down 2.52% on the day. The volume in the stock stood at 3.72 lakh shares today, compared to the daily average of 1.91 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 5360.05, up 2.41% on the day. L&T Technology Services Ltd is down 0.95% in last one year as compared to a 8.15% jump in NIFTY and a 14.62% jump in the Nifty IT index.The PE of the stock is 44.94 based on TTM earnings ending December 24.Powered by Capital Market - Live

Revenue from operations was at Rs 2,653 crore in the December 2024 quarter, up 3.11% as against Rs 2,572.9 crore reported in the preceding quarter of the same year. On a year-on-year (YoY) basis, the IT firm reported a net profit decline of 4.11% and revenue rose by 9.55% in Q3 FY25. Profit before tax was at Rs 440.80 crore during the quarter, down 0.2% quarter on quarter (QoQ) and 5.5% YoY. EBITDA stood at Rs 494.7 crore in the third quarter of FY25, up 6.2% QoQ and 1.44% YoY. EBITDA margin declined to 18.6% in Q3 FY25 from 20.1% in Q3 FY24 and 18.1% in Q2 FY25. EBIT margin was at 15.9% in Q3 FY25 as against 17.2% in Q3 FY24 and 15.1% in Q2 FY25. In dollar terms, the company's revenue stood at $311.9 million in Q3 FY25, registering growth of 1.7% QoQ and growth of 7.3% YoY. In constant currency, the firm reported a rise of 3.1% QoQ and 8.7% increase on a YoY basis. During the quarter, LTTS signed one $50 million deal, two $35 million deals, two $25 million deals, and three deals with TCV of $10 million. At the end of Q3 FY25, the patent portfolio of L&T Technology Services stood at 1,448, out of which 903 are co-authored with its customers and 545 are filed by LTTS, and employee strength stood at 23,465. Amit Chadha, CEO & managing director of LTTS, said, 'We had a strong quarter with 3.1% growth in constant currency led by our Tech and Sustainability segments, where the demand outlook has been steadily improving. In Tech, we grew by 11% sequentially, driven by ramp-ups in Medtech, hyperscalers, and communication providers, where we leveraged our SWC capabilities. Sustainability grew by 4% sequentially, helped by plant modernization and automation demand. Our large deal TCV has seen a healthy increase with eight wins across segments. The large deal pipeline continues to be robust, aided by ongoing engagements with customers on both new-age product and platform development and business transformation. Our strategy of investing upfront in the first half of the current fiscal has started yielding results with growth and margin improvement. With the Intelliswift acquisition now complete, we have formed a new sub-segment called Software & Platforms through which we will strengthen our foothold in hyperscalers and enter the service-led sectors, namely retail, fintech, and healthcare, which are new and promising markets for us. This strategic move enhances our AI, digital, and software product engineering capabilities, increasing our ability to deliver greater value to clients through a unified offering. During the quarter, we inaugurated the NVIDIA AI Experience Zone at our Bengaluru design hub, enhancing AI capabilities for clients in mobility and tech. With 174 patents filed in AI/Gen AI applications, we reaffirm our commitment to AI-led innovation.' L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes.Powered by Capital Market - Live

L&T Technology Services has allotted 4,500 equity shares under ESOS on 15 January 2025. Powered by Capital Market - Live

Net profit of L&T Technology Services declined 4.10% to Rs 322.40 crore in the quarter ended December 2024 as against Rs 336.20 crore during the previous quarter ended December 2023. Sales rose 9.55% to Rs 2653.00 crore in the quarter ended December 2024 as against Rs 2421.80 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2653.002421.80 10 OPM %18.6520.14 - PBDT512.70537.00 -5 PBT439.90465.50 -5 NP322.40336.20 -4 Powered by Capital Market - Live

Revenue from operations was at Rs 2,653 crore in the December 2024 quarter, up 3.11% as against Rs 2,572.9 crore reported in the preceding quarter of the same year. On a year on year (YoY) basis, the IT firm reported a net profit decline of 4.11% and revenue rose by 9.55% in Q3 FY25. Profit before tax was at Rs 440.80 crore during the quarter, down 0.2% quarter on quarter (QoQ) and 5.5% YoY. EBITDA stood at Rs 494.7 crore in the third quarter of FY25, up 6.2% QoQ and 1.44% YoY. EBITDA margin declined to 18.6% in Q3 FY25 from 20.1% in Q3 FY24 and 18.1% in Q2 FY25. EBIT margin was at 15.9% in Q3 FY25 as against 17.2% in Q3 FY24 and 15.1% in Q2 FY25. In dollar terms, the company's revenue stood at $311.9 million in Q3 FY25, registering growth of 1.7% QoQ and growth of 7.3% YoY. In constant currency, the firm reported a rise of 3.1% QoQ and 8.7% increase on a YoY basis. During the quarter, LTTS signed one $50 million deal, two $35 million deals, two $25 million deals and three deals with TCV of $10 million. At the end of Q3 FY25, the patent portfolio of L&T Technology Services stood at 1,448, out of which 903 are co-authored with its customers and 545 are filed by LTTS, and employee strength stood at 23,465. Amit Chadha, CEO & managing director of LTTS, said, 'We had a strong quarter with 3.1% growth in constant currency led by our Tech and Sustainability segments, where the demand outlook has been steadily improving. In Tech, we grew by 11% sequentially, driven by ramp-ups in Medtech, hyperscalers, and communication providers, where we leveraged our SWC capabilities. Sustainability grew by 4% sequentially, helped by plant modernization and automation demand. Our large deal TCV has seen a healthy increase with eight wins across segments. The large deal pipeline continues to be robust, aided by ongoing engagements with customers on both new-age product and platform development and business transformation. Our strategy of investing upfront in the first half of the current fiscal has started yielding results with growth and margin improvement. With the Intelliswift acquisition now complete, we have formed a new sub-segment called Software & Platforms through which we will strengthen our foothold in hyperscalers and enter the service-led sectors, namely retail, fintech, and healthcare, which are new and promising markets for us. This strategic move enhances our AI, digital, and software product engineering capabilities, increasing our ability to deliver greater value to clients through a unified offering. During the quarter, we inaugurated the NVIDIA AI Experience Zone at our Bengaluru design hub, enhancing AI capabilities for clients in mobility and tech. With 174 patents filed in AI/Gen AI applications, we reaffirm our commitment to AI-led innovation.' L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and maintenance services across products and processes. Shares of L&T Technology Services (LTTS) rose 3.10% to end at Rs 4,852.75 on the BSE. Powered by Capital Market - Live

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 15 January 2025.Powered by Capital Market - Live

L&T Technology Services has announced an expansion of its collaboration with Siemens Digital Industries Software (DISW), a global leader in software for collaboration and digital transformation. Building on ten years of successful collaboration, LTTS and Siemens are poised to enhance their Centre of Excellence (CoE) charter which will see the incubation of new cutting-edge technologies, benefitting sectors like automotive, aerospace, electronics, energy, healthcare and industrial machinery. Marking ten years of engineering excellence in sustainability and digital transformation, the expanded partnership will accelerate time-to-market and improve product quality for clients. By leveraging Siemens' digital technology platforms, LTTS will drive innovation through the creation of integrated digital twins for products, plants, and performance, helping clients enhance outcomes in both product and process quality. With Siemens-certified engineers possessing deep industry expertise, LTTS provides comprehensive solutions across the Siemens software portfolio. Services include design with CAD (NX), simulation via Simcenter' software (1D, FEA, CFD & Design Exploration), product lifecycle management through Siemens' Teamcenter' software for product lifecycle management (PLM), and digital twin development leveraging Tecnomatix' software. Additionally, real-time production efficiency is achieved through Siemens' Opcenter MES and Insights Hub IoT platforms. Customers further benefit from Teamcenter Quality Center, built on the robust Plan-Do-Check-Act framework. Using the Siemens low-code platform, Mendix, LTTS also creates innovative engineering and manufacturing applications, ensuring clients remain competitive and future-ready. A major feature of the expanded alliance is the establishment of a Digital Manufacturing Academy, aimed at training engineers in Siemens' core technologies. This academy, operated in collaboration with the LTTS Global Engineering Academy (GEA) and leading universities, is designed to strengthen project execution and delivery capabilities. Over 500 additional professionals will be trained on Siemens technologies, reinforcing LTTS' commitment to equipping its workforce with advanced skills required for the future of digital transformation. To further enrich collaboration, LTTS and Siemens will organize Client Workshops to ideate, showcase innovations, and demonstrate the tangible benefits of digital transformation to their customers. These 'Techday' sessions will serve as platforms for knowledge sharing and closer engagement with clients.Powered by Capital Market - Live

L&T Technology Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5085.6, down 1.73% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.06% on the day, quoting at 23942.900390625. The Sensex is at 79220.66, down 1.2%.L&T Technology Services Ltd has lost around 1.55% in last one month.Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has increased around 7.15% in last one month and is currently quoting at 45526.85, down 1.26% on the day. The volume in the stock stood at 70582 shares today, compared to the daily average of 95164 shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 5110, down 1.56% on the day. L&T Technology Services Ltd jumped 0.75% in last one year as compared to a 13.2% rally in NIFTY and a 29.4% spurt in the Nifty IT index.The PE of the stock is 43.61 based on TTM earnings ending September 24.Powered by Capital Market - Live

L&T Technology Services has allotted 31,700 equity shares under ESOP on 15 December 2024. Powered by Capital Market - Live

The domestic equity benchmarks traded with modest gains in morning trade. The Nifty traded above the 24,500 level. PSU bank shares extended gains for the second consecutive trading session. At 10:27 IST, the barometer index, the S&P BSE Sensex rose 244.06 points or 0.30% to 81,089.81. The Nifty 50 index added 61.70 points or 0.25% to 24,518.85. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.33% and the S&P BSE Small-Cap index rallied 0.43%. The market breadth was strong. On the BSE, 2,332 shares rose and 1,269 shares fell. A total of 165 shares were unchanged. Buzzing Index: The Nifty PSU Bank index gained 1.16% to 7,058.15. The index rallied 3.79% in two consecutive trading sessions. UCO Bank (up 4.01%), Bank of India (up 3.32%), Central Bank of India (up 3.16%), Indian Overseas Bank (up 3.14%), Punjab & Sind Bank (up 2.90%), Indian Bank (up 2.34%), Canara Bank (up 1.41%), Union Bank of India (up 1.25%), Bank of Maharashtra (up 1.07%) and Bank of Baroda (up 0.65%) advanced. Stocks in Spotlight: L&T Technology Services added 0.30%. The company said that it has been selected by a leading global network solutions firm to provide product integration services in North America. Kaynes Technology India shed 0.40%. The company's subsidiary, Keynes Singapore has acquired a 54% stake in Austria-based Sensonic, which is a provider of Distributed Acoustic Sensing (DAS) solutions to monitor railway infrastructure. Epack Durable slipped 1.99%. The company incorporated wholly owned subsidiary EPACK Manufacturing Technologies. It has inform that Senior Intelligence Officer and Inspectors of Special Intelligence and Investigation Branch ('SIIB'), Office of the Commissioner of Customs (Preventive), Jaipur, had initiated a search on 02 December 2024 at the Manufacturing facility situated at Bhiwadi, Rajasthan. Powered by Capital Market - Live