L&T Technology Services Ltd. reported its fourth quarter consolidated revenue on Thursday. Revenue witnessed a four-quarter jump despite net income and margins falling in the quarter ended March 31, 2025.
Net income of Engineering and R&D Services Company fell from 3.4% QOQ to Rs 311 in the fourth quarter of fiscal year 2024-25. In comparison, the company’s exchange declarations showed that its profit for the third quarter was 322 Rs.
The company’s board of directors recommends a final dividend of Rs 38 per share, adding that the dividend payment rate is 46% of annual net profit.
Quarterly revenues under review increased by 12.4% to Rs 2,982. In the last quarter, L&T Group Company had earned Rs 2,653 in revenue.
EBIT rose 6.6% at Rs 394, compared to Rs 422 crore. Despite significant fourth quarter revenue growth, the profitability of pure play engineering services firms has witnessed pressure. Its EBIT margin contracted to 13.2% compared to 15.9% in the last quarter.
According to CEO and Managing Director Amitchada, the company has managed to achieve three milestones. These include “over 10,000 Rs in annual revenue, surpassing 1,500 patent applications, officially recognized as the best place to work in the US for the second year in a row, and officially recognized in Japan for the first time.”
The company’s full-year revenue rose 10.6% to Rs 10,670.1 trillion, while net profit fell 2.8% to Rs 1,266.7.
Shares of L&T Technology Services Ltd. rose 0.43% at Rs 4,470 in BSE compared to a 0.39% decline in BSE’s benchmark Sensex. The company’s application for revenue was shared with the exchange after the stock market closed on Thursday.
