L&T Technology Services Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- L&T Technology Services Ltd reported a 1.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.1%.
- Its expenses for the quarter were up by 2.3% QoQ and 11.3% YoY.
- The net profit decreased 0.2% QoQ and decreased 5.1% YoY.
- The earnings per share (EPS) of L&T Technology Services Ltd stood at 30.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2686.50 | 2637.90 | 2484.20 | 1.8% | 8.1% |
Total Expenses | 2246.60 | 2197.10 | 2018.70 | 2.3% | 11.3% |
Profit Before Tax | 439.90 | 440.80 | 465.50 | -0.2% | -5.5% |
Tax | 120.40 | 120.80 | 128.70 | -0.3% | -6.4% |
Profit After Tax | 319.50 | 320.00 | 336.80 | -0.2% | -5.1% |
Earnings Per Share | 30.40 | 30.10 | 31.70 | 1.0% | -4.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
L&T Technology Services Ltd is a prominent engineering services company that offers design and development solutions across a wide range of industries, including transportation, industrial products, telecom, and medical devices. The company is known for its expertise in providing integrated solutions that encompass mechanical and software engineering, embedded systems, and digital transformation. L&T Technology Services is part of the larger Larsen & Toubro conglomerate, which is a significant player in the construction and engineering sector in India and globally. As of the latest developments, the company continues to focus on expanding its digital and technological capabilities to meet the evolving demands of its clients. Specific recent developments are not available from the provided data.
Revenue
For the third quarter of the fiscal year 2025, L&T Technology Services Ltd reported a total income of ₹2,686.50 crores. This marks an increase of 1.8% from the previous quarter, Q2FY25, where total income was ₹2,637.90 crores. Additionally, there is a noticeable year-over-year growth of 8.1% compared to the same quarter in the fiscal year 2024, when the total income was ₹2,484.20 crores. This consistent growth in revenue underscores the company's ongoing efforts to enhance its service offerings and capture a broader market share.
Profitability
In terms of profitability, L&T Technology Services Ltd recorded a profit before tax (PBT) of ₹439.90 crores for Q3FY25, which is a slight decrease of 0.2% from the previous quarter, Q2FY25, where the PBT was ₹440.80 crores. Comparing year-over-year, there is a 5.5% decline from Q3FY24 when the PBT was ₹465.50 crores. The profit after tax (PAT) for Q3FY25 stands at ₹319.50 crores, showing a minor decrease of 0.2% from Q2FY25's ₹320.00 crores and a 5.1% decline from Q3FY24, which was ₹336.80 crores. The earnings per share (EPS) for the current quarter is ₹30.40, showing a 1.0% increase from the previous quarter's EPS of ₹30.10, but a 4.1% decrease from the previous year's figure of ₹31.70.
Operating Metrics
The total expenses for L&T Technology Services in Q3FY25 were ₹2,246.60 crores. This represents an increase of 2.3% from the previous quarter, Q2FY25, where expenses were ₹2,197.10 crores, and a larger increase of 11.3% compared to Q3FY24's ₹2,018.70 crores. The tax expense for the current quarter was ₹120.40 crores, a slight decrease of 0.3% from Q2FY25 and a 6.4% decline from Q3FY24. These figures reflect the company's expenditure patterns and tax liabilities, which are crucial for understanding its operational efficiency and financial stewardship. The data does not provide sufficient information to calculate key financial ratios like the P/E ratio or debt-to-equity ratio.
