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  1. L&T Tech Q4 Results: Net profit down 9% YoY, company declares dividend of ₹38/share

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L&T Tech Q4 Results: Net profit down 9% YoY, company declares dividend of ₹38/share

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3 min read | Updated on April 24, 2025, 20:08 IST

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SUMMARY

L&T Technology Services, announcing its financial results for the March quarter of the financial year 2024-25 (FY25), posted a 9% year-on-year (YoY) and 3.5% quarter-on-quarter (QoQ) fall in its net profit to ₹311 crore. The company’s USD revenue jumped 13.1% YoY to $345.1 million during the quarter, while the EBITDA margin increased to 19.8%.

The employee strength of L&T Technology Services stands at 24,258 at the end of Q4, the company said.

The employee strength of L&T Technology Services stands at 24,258 at the end of Q4, the company said.

L&T Tech Q4 Results: L&T Technology Services on Thursday posted a 9% fall in its net profit to ₹311 crore for the January-March quarter of the financial year 2024-25 (Q4 FY25) as against ₹341 crore posted in the same period last year.

Sequentially, the net profit fell 3.5% from ₹322.4 crore in Q3 FY25.

Revenue from operations of the company jumped 17.5% year-on-year (YoY) to ₹2,982.4 crore in the reporting quarter. On a quarter-on-quarter (QoQ) basis, revenue increased by 12.4% as compared to ₹2,653 crore in the December quarter.

L&T Technology Services also announced a final dividend of ₹38 per equity share for the financial year ended March 31, 2025. The record date to determine shareholder eligibility for the dividend is yet to be announced.

The company said that the dividend payment would be made within 30 days after the approval from the shareholders.

Commenting on the performance of the company in Q4, L&T Technology Services CEO and MD Amit Chadha said, "In Q4, we continued our large deal momentum recording the highest-ever TCV bookings. The large deal pipeline has been robust on the back of value enhancement across the clients’ product lifecycle and digital transformation journey. We delivered 8.9% revenue growth in constant currency in FY25. In Q4, we had a strong sequential growth of 10.7%, which was led by the Tech and Sustainability segments in a quarter of tightening market conditions...We achieved three notable milestones, crossing INR 10,000 crore in annual revenue, surpassing 1,500 patent filings and being officially recognized as a Great Place to Work in the U.S. for the second year in a row, and in Japan for the first time ever."

He added, "As we step into FY26, we see the technology landscape tilting sharply towards AI and Automation, providing us with new opportunities to develop AI-led solutions. Based on the large deal bookings closed during the quarter, in our view, FY26 will be a better year than FY25. We also reaffirm our medium-term outlook of USD 2 billion revenue."

L&T Technology Services Q4: Other key details

Earnings before interest and tax (EBIT) of the company stood at ₹393.9 crore for the March quarter, down 6.6% QoQ from ₹421.9 crore in Q3 FY25. The EBIT margin stood at 13.2% in the reporting period.

The company’s USD revenue jumped 13.1% YoY to $345.1 million during the quarter, while the EBITDA margin increased to 19.8%. Meanwhile, the operating margin for Q4 FY25 was at 13.2%, down from 15.9% in Q3 FY25.

The employee strength of L&T Technology Services stands at 24,258 at the end of Q4, the company said.

For the full financial year ended March 31, 2025, the company posted a revenue of ₹10,670.1 crore, up 10.6% YoY, while the net profit was at ₹1,266.7 crore. Moreover, the company’s revenue in constant currency terms jumped 8.9% to $1.26 billion.

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About The Author

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Vani Dua is a journalism graduate from LSR College, Delhi. She is passionate about news and presently covers markets, business, economy, and other related fields. She is an avid reader and loves to spend her time weaving stories in her head.

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