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Share the post "L&T Technology Services Limite’s Q3 2024-25 Latest News: Profit Falls by 5.14% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 9.55 % in the past year, substantial increase in net sales/revenue by 3.11 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -46.31 %, Marginal decrease of -48.46% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for L&T Technology Services Limite. Profit dropped by -5.14 % Year to Year, L&T Technology Services Limite’s profitability dropped by -0.16 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -4.18 % Year to Year. EPS increased by 0.89 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2421.8 Cr | Rs. 2572.9 Cr | Rs. 2653 Cr | + 3.11 % | + 9.55 % |
| Expenses | Rs. 1934.1 Cr | Rs. 2106.9 Cr | Rs. 2158.3 Cr | + 2.44 % | + 11.59 % |
| Operating Profit | Rs. 487.7 Cr | Rs. 466 Cr | Rs. 494.7 Cr | + 6.16 % | + 1.44 % |
| OPM % | 20.14 % | 18.11 % | 18.65 % | + 0.54 % | -1.49 % |
| Other Income | Rs. 62.4 Cr | Rs. 65 Cr | Rs. 33.5 Cr | -48.46 % | -46.31 % |
| Interest | Rs. 13.1 Cr | Rs. 11.9 Cr | Rs. 15.5 Cr | + 30.25 % | + 18.32 % |
| Depreciation | Rs. 71.5 Cr | Rs. 78.3 Cr | Rs. 72.8 Cr | -7.02 % | + 1.82 % |
| Profit before tax | Rs. 465.5 Cr | Rs. 440.8 Cr | Rs. 439.9 Cr | -0.2 % | -5.5 % |
| Tax % | 27.65 % | 27.4 % | 27.37 % | -0.03 % | -0.28 % |
| Net Profit | Rs. 336.8 Cr | Rs. 320 Cr | Rs. 319.5 Cr | -0.16 % | -5.14 % |
| EPS in Rs | Rs. 31.72 | Rs. 30.12 | Rs. 30.4 | + 0.93 % | -4.16 % |
Today, we’re looking at L&T Technology Services Limite’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 9.55 %. However, it did see a marginal increase of 3.11 % from the previous quarter. Expenses ticked up slightly by 2.44 % quarter-on-quarter, aligning with the annual rise of 11.59 %. Operating profit, while up 1.44 % compared to last year, faced a quarter-on-quarter increase of 6.16 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.49 %, but an expansion of 0.54 % sequentially. Other income fell by -48.46 % compared to the last quarter, despite an annual decline of -46.31 %. Interest expenses surged remarkably by 30.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.32 %. Depreciation costs fell by -7.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.82 %. Profit before tax declined annually by -5.5 % but saw a reduction from the preceding quarter by -0.2 %.
Tax expenses as a percentage of profits decreased slightly by -0.28 % compared to last year, with a more notable quarter-on-quarter decrease of -0.03 %. Net profit fell by -5.14 % year-on-year but witnessed a -0.16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.16 % but a quarterly rise of 0.93 %. In summary, L&T Technology Services Limite’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2421.8 Cr | Rs. 2572.9 Cr | Rs. 2653 Cr | + 3.11 % | + 9.55 % |
| Expenses | Rs. 1934.1 Cr | Rs. 2106.9 Cr | Rs. 2158.3 Cr | + 2.44 % | + 11.59 % |
| Operating Profit | Rs. 487.7 Cr | Rs. 466 Cr | Rs. 494.7 Cr | + 6.16 % | + 1.44 % |
| Net Profit | Rs. 336.8 Cr | Rs. 320 Cr | Rs. 319.5 Cr | -0.16 % | -5.14 % |
| EPS in Rs | Rs. 31.72 | Rs. 30.12 | Rs. 30.4 | + 0.93 % | -4.16 % |
In reviewing L&T Technology Services Limite’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.55 % year-on-year growth, however, there was a minor increase of 3.11 % from the previous quarter. Expenses rose by 11.59 % compared to the previous year, with a 2.44 % increase quarter-on-quarter. Operating Profit surged by 1.44 % annually, and saw a 6.16 % increase from the last quarter.
Net Profit showed yearly decrease of -5.14 %, and experienced a -0.16 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -4.16 % annually, however rose by 0.93 % compared to the last quarter. In essence, while L&T Technology Services Limite faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
