InvestorQ : Do you see the results of L&T Technology Services as a boost to the company?
Tisha Malhotra made post

Do you see the results of L&T Technology Services as a boost to the company?

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Aashna Tripathi answered.
4 weeks ago
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LTTS Mar-22 quarter profits grew 21.9% at Rs.1,756 crore. Dollar revenues were up 19% yoy in constant currency terms in Q4 and 20% for full year FY22. Revenues from digital services comprised of 57% as it saw growth across verticals. LTTS got deals with TCV of over $10 million plus in the quarter. LTTS declared final dividend of Rs.15 per share taking the total dividend pay-out ratio for the year to 39%. The ROE was 25% for FY22.

 

LTTS

 

 

 

 

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 1,756.10

₹ 1,440.50

21.91%

₹ 1,687.50

4.07%

Net Profit (Rs cr)

₹ 262.00

₹ 194.50

34.70%

₹ 248.80

5.31%

 

 

 

 

 

 

Diluted EPS (Rs)

₹ 24.78

₹ 18.42

 

₹ 23.56

 

Net Margins

14.92%

13.50%

 

14.74%

 

  

Net profit for Q4 was up 34.7% at Rs.262 crore. For Q4, EBIT stood at Rs.327.40 crore, implying EBIT margins of 18.4%. Full year EBIT was Rs.1,201 crore with annual EBIT margins of 18.3%. Transportation vertical contributed the most to LTTS followed by Telecom, industrial products and plant engineering. Net margins stood at 14.92% in Mar-22 quarter was higher than 13.50% in Mar-21 quarter.

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