L&t Technology Shares Jump 7% as Q1 Net Profit Climbs 17% to Rs352 Cr on Large Deal Wins
India, July 15 -- Shares of L&T Technology Services Limited were trading at Rs 3,508, up by 6.67 percent from the previous close of Rs 3,293.1. The stock opened at Rs 3,350, touching an intraday high of Rs 3,600 and a low of Rs 3,262. The company currently commands a market capitalisation of Rs. 37,312 crore.
L&T Technology Services reported a strong start to FY27, with consolidated revenue rising 11.5 percent year-on-year to Rs 2,940 crore, while net profit increased 17.4 percent to Rs 351.8 crore during the June quarter. In dollar terms, revenue stood at $310 million, reflecting 1.9 percent constant currency growth amid a still-moderate global demand environment.
The company's profitability improved significantly, with EBIT margins ex...
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