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L & T Technology Services reports a resilient Q4FY21 to close FY21 with strong execution

Highlights for Q4FY21 include:
USD Revenue at USD 197.5 million; growth of 3.9 per cent QoQ
EBIT margin at 16.6 per cent; up 140 bps QoQ
Net profit at Rs 1,945 million; growth of 4.5 per cent QoQ
Highlights for FY21 include:
USD Revenue at USD 737 million; decline of 6.3 per cent
EBIT margin at 14.5 per cent
Net profit at Rs 6,633 million; decline of 19 per cent
Board has recommended a final dividend of Rs 14.50 per share
During the quarter, LTTS won 6 deals with TCV of USD 10 million plus, which includes 2 USD 25 million plus deals. Revenues from digital and leading-edge technologies stood at 52 per cent during the quarter. ....

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L&T Technology Services reports a resilient Q4FY21 to close FY21 with strong execution

L&T Technology Services reports a resilient Q4FY21 to close FY21 with strong execution
ANI |
Updated: May 04, 2021 10:25 IST
Mumbai (Maharashtra) [India], May 4 (ANI/BusinessWire India): L&T Technology Services Limited, India s leading pure-play engineering services company, announced its results for the fourth quarter and full year ended March 31, 2021.
Highlights for Q4FY21 include:
USD Revenue at USD 197.5 million; growth of 3.9 per cent QoQ
EBIT margin at 16.6 per cent; up 140 bps QoQ
Net profit at Rs 1,945 million; growth of 4.5 per cent QoQ
Highlights for FY21 include:
USD Revenue at USD 737 million; decline of 6.3 per cent
EBIT margin at 14.5 per cent ....

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L&T Tech announces dividend of ₹14.50 even as revenue for the year dips by 3%

L&T Tech announces dividend of ₹14.50 even as revenue for the year dips by 3%
L&T Tech announces dividend of ₹14.50 even as revenue for the year dips by 3%
PTIMay 4, 2021, 16:24 IST
BCCL
India Business Wire India Q4
Revenue of 197.5mn, up 4% QoQ Q4 Net profit of ₹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.
Highlights for Q4FY21 include:
Revenue at ₹14,405 million; growth of 2.8% QoQ
USD Revenue at 197.5 million; growth of 3.9% QoQ EBIT margin at 16.6%; up 140 bps QoQ Net profit at ₹1,945 million; growth of 4.5% QoQ ....

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Pandemic Boosts Urgency of Digital Transformation for German Manufacturers Facing Competitive Pressures

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pandemic Boosts Urgency of Digital Transformation for German Manufacturers Facing Competitive Pressures
February 11, 2021 GMT
FRANKFURT, Germany (BUSINESS WIRE) Feb 11, 2021
The COVID-19 pandemic has severely impacted the supply chains of German manufacturers, increasing pressure to virtualize production and bring it closer to customers, according to a new report published today by Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm.
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The 2020 ISG Provider Lens
™ Manufacturing Industry Services report for Germany said the country’s manufacturing industry, already undergoing digital transformation prior to the pandemic, has begun to compete on new dimensions, including the ability to detect and respond to rapidly changing customer demands and to provide products as a service. The events of ....

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