L&T Tech's Q3 excites, but don’t ignore the near-term headwinds
2 months, 1 week ago

L&T Tech's Q3 excites, but don’t ignore the near-term headwinds

Live Mint  

Midcap IT firm L&T Technology Services Ltd surprised the Street with solid deal wins and margin expansion in the December quarter. Deal wins were at an all-time high in Q3 with eight large deals won above $10 million, spread across all three key verticals having an average deal tenure of about three years. However, LTTS expects Intelliswift acquisition, which has a weak margin profile, to impact overall margins by 150 bps in Q4. Further, LTTS has revised organic year-on-year revenue growth guidance to 8%, which is at the lower end of earlier guidance of 8-10%. HDFC Securities notes that the downward revision in organic revenue growth guidance was on expected lines and headwinds in the automotive subsegment of mobility are likely to disrupt near-term growth keeping earnings growth volatile.

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L&T hits record order inflows in Q3, fueled by Middle East, domestic growth
1 month, 4 weeks ago

L&T hits record order inflows in Q3, fueled by Middle East, domestic growth

Live Mint  

India’s largest engineering and infrastructure conglomerate Larsen & Toubro Ltd reported a record high inflow of new orders during the third fiscal quarter ended 31 December. “We expect the Middle East to continue to strengthen its physical and digital infrastructure besides continuing to monetise its oil & gas assets,” L&T chairman and managing director S.N. Interestingly, during the third quarter, …

L&T Q3 Results: Net profit rises 14% YoY to ₹3,358.84 crore
1 month, 4 weeks ago

L&T Q3 Results: Net profit rises 14% YoY to ₹3,358.84 crore

Live Mint  

L&T Q3 Results: Larsen & Toubro on Thursday reported an 14% year-on-year rise in its consolidated net profit for the fiscal's third quarter ended December to ₹3,358.84 crore. L&T's consolidated revenue from operations stood at ₹64,667.78 crores during the quarter ended December from ₹55,127.82 crore in Q3FY24, a year-on-year rise of 17.3%. The company reported in an exchange filing that …

L&T Q3 Results 2025 Preview: Should you buy L&T shares ahead of Q3 earnings? Here’s what to expect
1 month, 4 weeks ago

L&T Q3 Results 2025 Preview: Should you buy L&T shares ahead of Q3 earnings? Here’s what to expect

Live Mint  

Larsen and Toubro, the engineering, procurement, and construction major, is set to announce its earnings for the third quarter of FY25 today, January 30. The company’s net profit in the quarter ended December is expected to rise 24% year-on-year, while revenue is estimated to see a growth of 18% YoY. Here’s what to expect from L&T Q3 results today: Motilal …

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17
2 months, 1 week ago

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17

Live Mint  

Q3 results today: Several companies, including Wipro, Aether and Tech Mahindra are scheduled to declare their December quarter earnings today, January 17. Q3 results today Companies including 5Paisa, Aether, amal, Atlas Cycle, Concord Enviro Systems, Conticon, Delta Industrial Resources, Excel Realty N Infra, Ganesh Housing Corporation, Golden Legand Leasing & Finance, Gujarat Hotels, ICICI Lombard General Insurance Company, Indian Hotels …

L&T Technology Services Q3 Results 2025: Profit Falls by 4.1% YOY
2 months, 1 week ago

L&T Technology Services Q3 Results 2025: Profit Falls by 4.1% YOY

Live Mint  

L&T Technology Services Q3 Results 2025:L&T Technology Services declared their Q3 results on 15 Jan, 2025. L&T Technology Services Q3 Results Operating income for the company was up by 8.82% quarter-on-quarter and showed a slight increase of 1.37% year-over-year. As of 16 Jan, 2025, L&T Technology Services has a market capitalization of ₹51,367 crore, with a 52-week high of ₹6000 …

Earnings Impact: L&T Technology Services shares surge 9% on strong Q3 performance
2 months, 1 week ago

Earnings Impact: L&T Technology Services shares surge 9% on strong Q3 performance

Live Mint  

Shares of L&T Technology Services surged over 9 percent on Thursday, January 16, following the company's announcement of its third-quarter financial results. While LTTS reported a 4.1 percent year-on-year drop in net profit to ₹322.4 crore, impacted by currency headwinds, the market reacted positively to its record-breaking large deal bookings and robust revenue growth. Net profit for the quarter stood …

L&T Tech Q3 Results: Net profit drops 4% to ₹322 crore, revenue up 9% YoY; stock rallies 4% on large deal wins
2 months, 1 week ago

L&T Tech Q3 Results: Net profit drops 4% to ₹322 crore, revenue up 9% YoY; stock rallies 4% on large deal wins

Live Mint  

L&T Tech Q3 Results: L&T Technology Services announced its October-December quarter results for fiscal 2024-25 on Wednesday, January 15, reporting a drop of four per cent to ₹322.4 crore in consolidated net profit, compared to ₹336.2 crore in the year ago period. The Larsen & Toubro 's tech subsidiary's revenue from operations in the third quarter of the current fiscal …

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?
2 months, 2 weeks ago

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?

Live Mint  

HCL Tech Q3FY25 preview: The board of directors of HCL Technologies Ltd will meet on 13 January 2025 to consider and approve the company's unaudited Financial Results for the quarter and nine months ending December 31, 2024. HCL Tech Q3 results 2025 Speaking on HCL Tech Q3FY25 preview, Sagar Shetty, Research Analyst at StoxBox, said, "HCL Tech is projected to …

TCS Q3 results today: Is this a stock to buy ahead of Q3FY25 earnings?
2 months, 2 weeks ago

TCS Q3 results today: Is this a stock to buy ahead of Q3FY25 earnings?

Live Mint  

Stock Market Today: IT behemoth Tata Consultancy Services will declare its results for the third quarter of the financial year 2025 today. TCS Q3 Results Expectations Anshul Jain, Head of Research at Lakshmishree Investment and Securities anticipates year-on-year revenue growth between 5.2% and 6.4%, projecting the topline in the range of ₹63,710 crore to ₹64,500 crore. In addition, the BSNL …

L&T Q3 Results: Net Profit Jumps 15 Per Cent To Rs 2,947 Crore; Misses Estimates
1 year, 1 month ago

L&T Q3 Results: Net Profit Jumps 15 Per Cent To Rs 2,947 Crore; Misses Estimates

ABP News  

Engineering behemoth Larsen and Toubro clocked third quarter profit below estimates on Tuesday as higher costs countered sustained infrastructure demand, as reported by Reuters. According to the report, L&T’s consolidated net profit rose 15 per cent to Rs 2,947 crore for the quarter ended December 31. Total expenses for the quarter jumped more than 19 per cent to Rs 51,194 …

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect
1 year, 2 months ago

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect

News 18  

A day after TCS and Infosys declared their Q3 financial results, other IT majors Wipro and HCL Tech are on Friday set to announce their earnings for the December 2023 quarter. Here’s what analysts expect: HCL Q3 Results Preview On HCL’s Q3 earnings, Elara said, “We anticipate sequential revenue growth of 4.8 per cent in CC terms. This is backed …

L&T orders shine, but margins dull
1 year, 4 months ago

L&T orders shine, but margins dull

Live Mint  

Larsen and Toubro Ltd’s September quarter was characterized by healthy revenue growth and a stellar order pipeline. Infrastructure projects segment margin contracted by 120 basis points year-on-year to 5.4% last quarter, primarily due to changes in job mix and execution of older contracts. On the brighter side, L&T expects to surpass its order inflow target of 10-12% and revenue growth …

Wipro Q2 Results Today: Revenue May Decline QoQ, What Should You Watch Out For?
1 year, 5 months ago

Wipro Q2 Results Today: Revenue May Decline QoQ, What Should You Watch Out For?

News 18  

After TCS, Infosys and HCL Tech, another IT major Wipro is scheduled to release its financial results for the quarter that ended September 2023 on October 18, Wednesday. Brokerage firm Axis Securities in its report said, “We expect Wipro to report revenue de-growth of 0.5 per cent QoQ in rupee terms. For the July-September 2023 quarter, another brokerage firm IIFL …

L&T Q1 net profit may rise 25% YoY at ₹2,130 crore; to consider share buyback
1 year, 8 months ago

L&T Q1 net profit may rise 25% YoY at ₹2,130 crore; to consider share buyback

Live Mint  

Larsen & Toubro, the infrastructure major, is set to announce Q1 results on Tuesday. L&T’s consolidated net profit in Q1FY24 is expected to grow around 25% year-on-year to ₹2,130 crore, according to average analysts’ estimates. On the operational front, L&T’s Q1 earnings before interest, taxes, depreciation and amortization may rise 15% YoY to ₹4,565 crore, while its EBITDA margin is …

LTTS investors revel in Q4 results, set aside SWC acquisition concerns for now
1 year, 11 months ago

LTTS investors revel in Q4 results, set aside SWC acquisition concerns for now

Live Mint  

Midcap IT company L&T Technology Services Ltd posted an impressive 2.2% sequential revenue growth in constant currency terms for Q4FY23, surpassing expectations and outperforming top-tier rivals such as Tata Consultancy Services, Infosys, and HCL Ltd. "FY24 organic revenue growth guidance of 10%+ is in line with our estimate, although the positive vertical commentary from management suggests an upside risk," said …

TCS Q4: IT investors would do well to temper their expectations
1 year, 11 months ago

TCS Q4: IT investors would do well to temper their expectations

Live Mint  

Investors in the IT sector were nervous as they headed into the Q4FY23 earnings season, and to add to their worries, Tata Consultancy Services Ltd, the sector bellwether, failed to meet consensus estimates. Analysts at Jefferies India Pvt Ltd note that the company’s revenue growth was the slowest since Q1FY21. A slowdown in the key banking financial services and insurance …

Contrasting Q2 stories of two tech giants of India
2 years, 5 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results
2 years, 8 months ago

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results

News 18  

Even as the earnings season for the June 2022 quarter starting this week with IT company TCS first declaring its financial results on Friday, analysts said the growth of Indian IT companies is expected to pick up in the first quarter, barring weakness in a few companies due to company-specific events. We expect Wipro to guide for 1-3 per cent …

L&T Q4 Results: Net Profit Jumps 10% YoY To Rs 3,621 Crore; Revenue Up To Rs 52,851 Crore
2 years, 10 months ago

L&T Q4 Results: Net Profit Jumps 10% YoY To Rs 3,621 Crore; Revenue Up To Rs 52,851 Crore

News 18  

Engineering major Larsen & Toubro on Thursday reported a 10 per cent jump in its net profit to Rs 3,620.69 crore for the March 2022 quarter, compared with Rs 3,292.81 crore in the year-ago period. “The consolidated net profit after tax for the quarter ended March 31, 2022, at Rs 3,621 crore registered a growth of 10 per cent over …

L&T Q1 net profit jumps 43% to Rs 1,472 cr; exceeds previous fiscal quarter results; new orders record 37% growth
6 years, 8 months ago

L&T Q1 net profit jumps 43% to Rs 1,472 cr; exceeds previous fiscal quarter results; new orders record 37% growth

Firstpost  

L&T won new orders worth Rs 36,142 crore at the group level during the June quarter, recording a 37 percent growth, with a pick-up in domestic ordering activity. New orders record 37% growth The company won new orders worth Rs 36,142 crore at the group level during the June quarter, recording a 37 percent growth, with a pick-up in domestic …

L&T Q4 profit rises 29.5% to ₹3,025 crore
7 years, 9 months ago

L&T Q4 profit rises 29.5% to ₹3,025 crore

Live Mint  

Mumbai: Larsen and Toubro Ltd, India’s largest engineering and construction company, on Monday reported a 28% jump in March quarter consolidated net profit on higher revenue and lower taxes, beating Street expectations. L&T, however, said it expects order inflows to grow 12-14% and revenue by 12% in 2017-18, as the deferred orders materialize. In January, L&T said it expects 2016-17 …

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