L&T Technology Q4 Misses Earnings Estimates, Declares ₹38 Dividend
L&T Technology Services has reported a net profit of ₹311.1 crore for its March quarter, down 3.5% from the previous quarter and missing analyst expectations. Revenue rose 12.4% to ₹2,982.4 crore, but fell short of estimates. The company’s operating margin was significantly lower than expected at 13.2%. Despite this, shares closed higher due to a recommended final dividend of ₹38 per share for FY25.
This news summary was generated based on an article originally reported by CNBC TV18.
