The IT enables services arm of L&T- L&T Technology Services is expected to releases its quarter ended March results on April 25. The company's revenue in both constant currency (CC) and dollar terms is seen to increase sequentially by 4.9 per cent and 5.3 per cent, respectoively. Revenue in CC terms is expected at Rs 2540 crore as against Rs 2421.8 crore in the December ended quarter, while revenue in dollar is seen to come in at Rs 30.6 crore as against Rs 29.07 crore.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

EBIT or Earnings before interest and tax at the firm for the review period is expected to come in at Rs 445 crore in contrast to Rs 416.2 crore.

Zee Business research desk sees the growth to be fuelled at the company on the back of robust growth at the company's SWC or Smart World and Communication business.

The margins at the company will also log 0.3 per cent or 30 basis point improvement from 17.2 per cent in the preceding quarter to 17.5 per cent in the quarter ended March 2024.

On better growth, profit at the company on a consolidated basis is seen to log 6.5 per cent sequential growth from Rs 336.2 crore to Rs 358 crore in the March ended quarter.

For FY25, the company is likely to give growth guidance of 15 per cent.

The key monitorables for the investors are update on FY25 guidance, ER&D spending outlook amid weak macros and vertical commentary.

Shares of the company traded on a flattish note ahead of its Q4 show tomorrow. The shares were up by 0.3 per cent at Rs 5224.2 per share on the BSE.