L&T Technology Services Limited L&T Technology Services Becomes First PTC GSI Partner From APAC to Receive Advanced Partner Status
Thursday, June 3, 2021 10:46AM IST (5:16AM GMT)
LTTS Recognized by PTC for Excellence in Product Lifecycle Management
Bangalore, Karnataka, India: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure play engineering services company, announced today that it has achieved ‘Advanced Partner’ status within the PTC (NASDAQ: PTC) Partner Network program for demonstrating excellence in product lifecycle management (PLM). LTTS is the first engineering and technology company in the APAC region to receive this recognition.
“We are very proud to get the Advanced Partner status for the PTC Windchill
L&T Technology Services reports a resilient Q4FY21 to close FY21 with strong execution
Monday, May 3, 2021 7:33PM IST (2:03PM GMT)
Q4 Net profit of Rs 195 crore, up 5% QoQ
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the fourth quarter and full year ended March 31, 2021.
USD Revenue at $197.5 million; growth of 3.9% QoQ
EBIT margin at 16.6%; up 140 bps QoQ
Net profit at
Highlights for FY21 include:
USD Revenue at $737 million; decline of 6.3%
EBIT margin at 14.5%
Board has recommended a final dividend of Rs 14.50 per share
During the quarter, LTTS won 6 deals with TCV of USD10 million plus, which includes 2 USD25 million plus deals. Revenues from digital and leading-edge technologies stood at 52% during the quarter.