L&T Technology Q1 FY 2025-26 Quarterly Results & Analysis
- 1d ago
Result Summary
- L&T Technology Services Ltd reported a 13.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.2%.
- Its expenses for the quarter were up by 17.8% QoQ and 19.6% YoY.
- The net profit decreased 7.4% QoQ and increased 0.7% YoY.
- The earnings per share (EPS) of L&T Technology Services Ltd stood at 29.8 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2933.70 | 2593.50 | 2524.10 | 13.1% | 16.2% |
Total Expenses | 2501.20 | 2122.50 | 2091.40 | 17.8% | 19.6% |
Profit Before Tax | 432.50 | 471.00 | 432.70 | -8.2% | -0.0% |
Tax | 116.40 | 129.60 | 118.80 | -10.2% | -2.0% |
Profit After Tax | 316.10 | 341.40 | 313.90 | -7.4% | 0.7% |
Earnings Per Share | 29.80 | 32.20 | 29.60 | -7.5% | 0.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
L&T Technology Services Ltd, a part of the Larsen & Toubro Group, is a leading player in the engineering services sector. The company offers a wide array of services including engineering, research and development, product lifecycle management, and consulting services. It primarily caters to industries such as transportation, industrial products, telecom and hi-tech, process industries, and medical devices. As of the latest available data, the company is known for its innovation and technological advancements, providing cutting-edge solutions to clients across the globe. While specific recent developments for L&T Technology Services Ltd are not provided in the given data, the company has a history of strategic partnerships and expansion within its core service areas to enhance its market position.
L&T Technology Revenue
For Q1 FY 2025-26, L&T Technology Services Ltd reported a total income of ₹2933.70 crore, showing an increase of 13.1% from the previous quarter (Q4FY25) where the total income was ₹2593.50 crore. Compared to the same quarter in the previous year (Q1FY25), where the total income was ₹2524.10 crore, the company experienced a year-over-year revenue growth of 16.2%. This indicates a significant upward movement in the company's revenue generation over the past year, reflecting its capability to harness market opportunities and expand its client base. The increase in total income over both the quarterly and yearly periods suggests an effective business strategy in place that is driving growth.
L&T Technology Profitability
In terms of profitability, L&T Technology Services Ltd posted a profit before tax of ₹432.50 crore in Q1 FY 2025-26, which is a decrease of 8.2% from ₹471.00 crore in Q4FY25. The profit before tax remained nearly unchanged compared to Q1FY25, which was ₹432.70 crore. The tax expense for Q1FY26 was ₹116.40 crore, down by 10.2% from the previous quarter's ₹129.60 crore and 2.0% lower than the ₹118.80 crore recorded in Q1FY25. Consequently, the profit after tax for Q1FY26 amounted to ₹316.10 crore, down from ₹341.40 crore in Q4FY25, marking a 7.4% quarterly decrease, but showed a slight year-over-year increase of 0.7% from ₹313.90 crore in Q1FY25. Earnings per share for Q1FY26 stood at ₹29.80, reflecting a similar quarterly decline of 7.5% and a marginal yearly increase of 0.7%.
L&T Technology Operating Metrics
The operating metrics for L&T Technology Services Ltd highlight the total expenses, which increased by 17.8% from ₹2122.50 crore in Q4FY25 to ₹2501.20 crore in Q1 FY 2025-26. Year-over-year, the total expenses grew by 19.6% from ₹2091.40 crore recorded in Q1FY25. This notable rise in expenses both quarterly and annually indicates an expansion in operational activities, which might be associated with increased business volume, investments in R&D, or expansion efforts. Despite the rise in expenses, the company managed to maintain its earnings per share and profit after tax near the previous year's levels, suggesting a balanced approach towards managing operational costs while focusing on revenue growth.