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    Luxembourg Minister of Economy, SME, Energy & Tourism Mr Lex Delles calls on Union Minister Dr Jitendra Singh, proposes identifying concrete areas of collaboration, primarily in the Space sector

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    Luxembourg Minister of Economy, SME, Energy & Tourism Mr Lex Delles calls on Union Minister Dr Jitendra Singh, proposes identifying concrete areas of collaboration, primarily in the Space sector

    India’s $8.4B Space Economy Takes Center Stage as Bengaluru Space Expo 2026 Begins.

    IAF’s SARANG HELICOPTER TEAM REACHES EGYPT FOR THE EL ALAMEIN INTERNATIONAL AIRSHOW .

    PHOTO CREDIT-AIR INDIA

    Air India and IHG hotels & resorts announce landmark loyalty partnership .

    PHOTO CREDIT-Air-India-

    Living the dream: Inside the delivery of Air India’s latest line-fit Boeing 787-9, VT-AWD

    Samsung Galaxy Watch9 Launched as the Ultimate Health and Sleep Companion with Snapdragon Wear Elite Platform

  • National
    • All
    • Economy & Politics
    • Election

    Job Fair for Unemployed with Disabilities-2026: Organized in Bengaluru on September 10

    PHOTO CREDIT-Union Minister for Agriculture & Farmers Welfare and Rural Development Shri Shivraj Singh Chouhan -

    Crackdown on Fake Seeds: Shivraj Singh Chouhan to Hold Nationwide Consultation with Farmer Leaders on September 10

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    Orange Retail Finance Eyes ₹550 Crore AUM Following ₹50 Crore NCD Issuance

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    Adani Airports to raise ~USD 1 billion of primary equity from marquee global investors .

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    PHOTO CREDIT-Manipal-Kanakapura Road.,

    Manipal Hospital Kanakapura Road Sets a Broader Footprint in South Bangalore’s Healthcare Landscape with 360° Gut Care

    Dr. Elke Neujahr, Global CEO, DKMS; Patrick Paul, Executive Chairman, DKMS Foundation India, Dr. Lawrence Faulkner, Founder and Medical Director, Cure2Children and Mr. Rajat Kumar Agarwal, President, Sankalp India Foundation along with Patient and his family

    DKMS and Sankalp India Foundation Reach Milestone of 1,000 Lifesaving Paediatric Transplants for Thalassemia Patients.

    Narayana Health City Anchors Asia’s Highest Volume of Paediatric Haploidentical Transplants

    Public Health as a Growth Driver: Karnataka Government Leverages GWC 2026 Platform to Scale Preventive Healthcare Standards

    Ramaiah Memorial Hospital to Launch State-of-the-Art Transplantation Centre Amid India’s Growing Organ Deficit.

  • Technology
    • All
    • Environment
    • Science
    [ L to R ]Mr. Rohan Ganapathy, Co-Chairman, CII National Committee on Space; Mr. Mallavarapu Apparao, Chairman, CII National Committee on Space; Ms. Jaya Choraria, Deputy Trade Commissioner for South Asia, UK; H.E. Mr. Antonio Bartoli, Ambassador of Italy to India; Dr. Pawan Goenka, Chairman, IN-SPACe; Dr V. Narayanan, Secretary, Department of Space; Chairman, Space Commission; and Chairman, ISRO; Mr. Shashwat Goenka, Vice President, CII; H.E. Mr. Philip Green OAM, High Commissioner of Australia to India; Mr. ISHII Yasuo, Senior Vice President, JAXA; Mr. Radha Krishnan A, Chairman and Managing Director, NSIL

    “Industrial Collaboration and Global Partnerships Key to Accelerating India’s Space Ambitions”: ISRO Chairman Dr V. Narayanan at Bengaluru Space Expo 2026

    India’s $8.4B Space Economy Takes Center Stage as Bengaluru Space Expo 2026 Begins.

    Samsung Galaxy Watch9 Launched as the Ultimate Health and Sleep Companion with Snapdragon Wear Elite Platform

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    PHOTO CREDIT-HONDA

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    Lexus Unveils the New NX in a World Premiere.

  • Sports

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    Two-Time Champion Ethiopia’s Birhanu Legese Sets Sights on Third Vedanta Delhi Half Marathon Crown.

    Former India cricketer and Brand Ambassador Harbhajan Singh at the launch of the second season of ISCL in Bengaluru along with ISCL Founder and President Dr. Gangadhar Raju, Former IAS Officer and ISCL Board Chairman B H

    ISCL charts ambitious growth path for Season 2, eyes bigger national footprint

    Aryan Savsani & Tanmay Baloda added to India U19 squads.

  • Entertainment

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    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    The ONLY Fit: ONLY India’s New Denim Collaboration with Smriti Mandhana

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    PHOTO CREDIT-AIR INDIA

    Air India and IHG hotels & resorts announce landmark loyalty partnership .

    PHOTO CREDIT-Air-India-

    Living the dream: Inside the delivery of Air India’s latest line-fit Boeing 787-9, VT-AWD

    Narayana Health City Anchors Asia’s Highest Volume of Paediatric Haploidentical Transplants

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L&T Technology Services Reports Q3FY21 With Growth Across All Five Segments

Q3 Net profit of Rs 186 crore, up 12 percent QoQ

FWM by FWM
January 20, 2021
in Business
0
Mumbai, Maharashtra, India :
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the third quarter ended December 31, 2020.

·         Highlights for Q3FY21 include:

·         USD Revenue at $190 million; growth of 6.8% QoQ

·         Revenue at Rs 14,007 million; growth of 6.6% QoQ

·         EBIT margin at 15.2%; up 150 bps QoQ

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·         Net profit at Rs 1,861 million; growth of 12.4% QoQ

 

During the quarter, LTTS won 7 deals with TCV of USD10 million plus, which includes a USD100 million plus deal and 2 USD15 million plus deals. Revenues from digital and leading-edge technologies stood at 49% during the quarter.

“We had a strong performance with sequential improvement in both revenue and operating margin. All five of our industry segments grew sequentially, with three segments recording growth of 5% plus. Deal wins were especially strong in the quarter helped by a marquee USD100M plus engagement with an O&G major – a validation of our best-in-class domain expertise and deep customer relationships.
The deal pipeline is healthy across segments as customers prioritize business transformation to improve efficiency and productivity. We are leveraging newer technologies like Digital Thread, IoT and AI to further our positioning as innovation partners to our customers. I would like to highlight that the strong uptick in Industrial Products has been led by deals involving digital led transformational programs,” said Dr. Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.

Industry Recognitions:

·         LTTS won the Indian Digital Enabler Awards 2020 award in the ‘Best Tech for Healthcare’ category for XYZ Synthesizer, a scalable solution that can be easily extended for all kinds of digital & optical microscopes

·         CIMS Medica honored LTTS as the “Company of the Year” in the Best Medical Devices Equipment category for the three-part haematology analyzer, built in partnership with Agappe Diagnostics

·         Zinnov Zones rated LTTS as ‘Leader’ across Digital Engineering, IoT, AI and Digital Thread, and named the Company as Leader in 6 major verticals for the fourth consecutive year

·         LTTS won Gold in the Golden Bridge Grand Awards 2020 in the “Human Resource Team” and “Best Use of Rewards and Recognition” categories

·         Confederation of Indian Industry (CII) honored LTTS with the HR Excellence Awards 2020

 

·

·

 

 
FWM

FWM

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