LTTS net profit up 1.9% QoQ at Rs 319.6 crore https://t.co/0o1RolD6xK
L&T Tech Q2 Results Net profit rises 2% YoY to Rs 320 cr, revenue jumps 8% https://t.co/y1e1buOQom
LTTS announces Rs 17/share interim dividend, sets October 25 as record date https://t.co/0WDLziZaRi

L&T Technology Services reported its Q2 FY25 results today, showing a net profit increase of 2% quarter-on-quarter (QoQ) to Rs 319.6 crore. Year-on-year (YoY), the net profit rose by 2% to Rs 320 crore, while revenue jumped by 8%. The company has announced an interim dividend of Rs 17 per share, with October 25 set as the record date. The payout date for the dividend was not specified. This follows a weak Q1 performance where revenue declined by 3.3%. The street expects growth to bounce back, driven by the ramp-up of large deals, and the company may retain its revenue growth guidance of 8-10% for FY25, implying a compound quarterly growth rate (CQGR) of 4-5.2% over Q2-Q4.