L&T Technology Services Q4 Earnings: Revenue Jumps 12%, But Net Profit Slips

L&T Technology Services Ltd. on Thursday reported its consolidated earnings for the fourth quarter. Revenue witnessed a significant quarter-on-quarter jump, even as net profit and margins saw a decline in the quarter ended March 31, 2025.

The engineering and R&D services company's net profit slipped by 3.4% QoQ to Rs 311 crore for the fourth quarter of the financial year 2024-25. In comparison, the company's profit in Q3 FY25 stood at Rs 322 crore, according to the company’s exchange filing.

The company’s board has recommended a final dividend of Rs 38 per share, adding that the dividend payout ratio is 46% of net income for the year.

Revenue for the quarter under review expanded by 12.4% to Rs 2,982 crore. In the previous quarter, the L&T group company had earned Rs 2,653 crore as revenue.

EBIT rose by 6.6% at Rs 394 crore, compared to Rs 422 crore. Despite a strong growth in revenues in Q4, the pure-play engineering services company's profitability witnessed pressure. Its EBIT margin contracted to 13.2% compared to 15.9% in the previous quarter.

According to Amit Chadha, chief executive and managing director, the company managed to achieve three milestones. These include, "crossing Rs 10,000 crore in annual revenue, surpassing 1,500 patent filings and being officially recognized as a great place to work in the U.S. for the second year in a row, and in Japan for the first time ever".

The company's full-year revenue rose by 10.6% to Rs 10,670.1 crore, while net profit slipped by 2.8% to Rs 1,266.7 crore.

Shares of L&T Technology Services Ltd. closed 0.43% higher at Rs 4,470 apiece on the BSE, compared to a 0.39% decline in the benchmark Sensex. The company’s filing regarding the earnings was shared with exchanges after the stock markets had closed for Thursday.