By Vivek K. Mobile: 09920183006 Email:firstname.lastname@example.org
L&T Technology Services (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the third quarter ended December 31, 2018.
Highlights for Q3FY19 include:
- USD Revenue at $185.7 million; growth of 4.8% QoQ and 23% YoY
- Revenue at ₹13,169 million; growth of 4% QoQ and 36% YoY
- EBITDA margin at 18.4%; up by 310bps YoY
- Net profit at ₹1,856 million; growth of 47% YoY
During the quarter, LTTS won 8 multi-million dollar deals across all industry segments. On a YoY basis, LTTS has increased its USD50mn+ clients by 2, USD10mn+ clients by 4 and its USD5mn+ clients by 10.