Highlights for Q3FY21 include:
* Revenue at Rs 14,007 million; growth of 6.6 per cent QoQ
* EBIT margin at 15.2 per cent; up 150 bps QoQ
* Net profit at Rs 1,861 million; growth of 12.4 per cent QoQ
During the quarter, LTTS won 7 deals with TCV of USD 10 million-plus, which includes a USD 100 million-plus deal and 2 USD15 million plus deals. Revenues from digital and leading-edge technologies stood at 49 per cent during the quarter.
"We had a strong performance with sequential improvement in both revenue and operating margin. All five of our industry segments grew sequentially, with three segments recording growth of 5 per cent plus. Deal wins were especially strong in the quarter helped by a marquee USD100M plus engagement with an O & G major - a validation of our best-in-class domain expertise and deep customer relationships.