L&T Tech Q3 Results: Net profit drops 4% to ₹322 crore, revenue up 9% YoY; stock rallies 4% on large deal wins


L&T Tech Q3 Results: L&T Technology Services announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Wednesday, January 15, reporting a drop of four per cent to 322.4 crore in consolidated net profit, compared to 336.2 crore in the year ago period.

The Larsen & Toubro (L&T) tech subsidiary’s revenue from operations in the third quarter of current fiscal rose nine per cent to 2,653 crore, compared to 2,421.8 crore in the year ago period. Shares of L&T Tech rallied five per cent ahead of the announcement of Q3 results to settle 3.10 per cent higher to 4,852.75 apiece on the BSE.

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