Business EconomyPosted at: Apr 25 2025 2:00PM


LTTS logs record Q4 bookings, net profit at Rs 3,111 cr

Mumbai, Apr 25 (UNI) L&T Technology Services Ltd, India's leading pure-play engineering services company, on Friday reported its highest-ever total contract value (TCV) bookings in the fourth quarter ended March 31, 2025, driven by a strong pipeline of large deals and continued traction in the technology and sustainability segments.
The fourth quarter bookings included one deal worth over USD 80 million, another over USD 50 million, along with a USD 30+ million deal, a USD 20+ million deal, and three USD 10+ million-plus contracts.
This large-deal momentum contributed to a sequential revenue growth of 12.4 per cent, taking Q4 revenue to ₹29,824 million, a year-on-year (YoY) growth of 17.5 per cent. USD revenue for the quarter stood at $345.1 million, up 13.1 per cent YoY and 10.7 per cent quarter-on-quarter (QoQ). The company posted a net profit of ₹3,111 million for the quarter, with an EBIT margin of 13.2 per cent.
For the full financial year (FY25), LTTS recorded revenues of ₹1,06,701 million, a growth of 10.6 per cent YoY. USD revenue grew 8.9 per cent in constant currency to $1,259 million. Net profit for the year stood at ₹12,667 million, and the Board recommended a final dividend of ₹38 per share.
Commenting on the results, Amit Chadha, CEO & Managing Director, LTTS, said, “In Q4, we continued our large deal momentum, recording the highest-ever TCV bookings. The pipeline remains strong, built around enhancing client value through product lifecycle support and digital transformation.”
He added, “We achieved three key milestones this quarter—crossing ₹10,000 crore in annual revenue, surpassing 1,500 patent filings, and being certified as a Great Place to Work™ in both the U.S. and Japan. Our acquisition of Intelliswift also allows us to address new markets in service-led sectors.”
Looking ahead, Chadha expressed confidence that FY26 would outperform FY25, citing strong deal closures and new opportunities emerging from the global shift towards AI and automation. “We reaffirm our medium-term outlook of reaching USD 2 billion in revenue,” he said.
As of March 31, 2025, LTTS had filed a total of 1,502 patents, of which 929 were co-authored with its customers. The company’s workforce stood at 24,258 employees across 23 global design centres, 30 global sales offices, and 108 innovation labs.
During the quarter, LTTS received multiple industry recognitions for its innovation, workplace culture, and leadership in engineering services. It was honoured by Etihad Rail for its realtime rail defect detection technology and won the Golden Peacock Innovation Management Award 2024.
The company was certified as a Great Place to Work in the US for the second consecutive year and for the first time in Japan. Additionally, it was rated a "Leader" in key industry assessments by Everest Group and ISG for its digital engineering and sustainable services.
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