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Indian engineering research and development services provider L&T Technology Services cut its revenue growth forecast for the current financial year on Tuesday, citing longer deal decision cycles...
In the same quarter last year, the top 10 IT companies had added over 69,000 employees. Of the top 10 IT companies in India by revenue, six companies saw their headcount shrink during the quarter
The board will meet on July 25 to consider the buyback and a special dividend for fiscal year 2023-24.
Pti: L&T Technology Services Reports 15 Percent Growth in Q1FY24
L&T Tech Q1 results: The company's Q1 FY24 profit came at Rs 311.1 crore as against Rs 275.4 crore in the same period a year ago. Revenue from operations grew by 15 per cent to Rs 2,301.4 crore compared to Rs 2,006.2 crore in the corresponding period last year. In dollar terms, revenue stood at $280 million, a growth of 10 per cent (YoY) in constant currency.