L&T Tech Services releases Consolidated Quarterly Results for March 31, 2023. L&T Tech Services has announced an increase in total income from Rs. 2122.8 Crores as of December 31, 2022, to Rs. 2146 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 303.6 Crores as of December 31, 2022, to Rs. 309.6 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 28.66 on December 3 1, 2022, to Rs. 29.22 on March 31, 2023, according to the company’s statement.
L&T Tech Services Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 2146 Crores (March 31, 2023) vs. Rs. 2122.8 Crores (December 31, 2022)
Net profit/loss: Rs. 309.6 Crores (March 31, 2023) vs. Rs. 303.6 Crores (December 31, 2022)
EPS: Rs. 29.22 (March 31, 2023) vs. Rs. 28.66 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 2146 Cr | ₹ 2122.8 Cr | ⬆ 1.09% |
| Net Profit | ₹ 309.6 Cr | ₹ 303.6 Cr | ⬆ 1.98% |
| EPS | ₹ 29.22 | ₹ 28.66 | ⬆ 1.95% |
L&T Tech Services Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 2146 Crores (March 31, 2023) vs. Rs. 1798 Crores (March 31, 2022)
Net profit/loss: Rs. 309.6 Crores (March 31, 2023) vs. Rs. 262 Crores (March 31, 2022)
EPS: Rs. 29.22 (March 31, 2023) vs. Rs. 24.78 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 2146 Cr | ₹ 1798 Cr | ⬆ 19.35% |
| Net Profit | ₹ 309.6 Cr | ₹ 262 Cr | ⬆ 18.17% |
| EPS | ₹ 29.22 | ₹ 24.78 | ⬆ 17.92% |
L&T Tech Services Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 8221.6 Crores (March 31, 2023) vs. Rs. 6722.1 Crores (March 31, 2022)
Net profit/loss: Rs. 1169.8 Crores (March 31, 2023) vs. Rs. 957 Crores (March 31, 2022)
EPS: Rs. 110.48 (March 31, 2023) vs. Rs. 90.74 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 8221.6 Cr | ₹ 6722.1 Cr | ⬆ 22.31% |
| Net Profit | ₹ 1169.8 Cr | ₹ 957 Cr | ⬆ 22.24% |
| EPS | ₹ 110.48 | ₹ 90.74 | ⬆ 21.75% |
L&T Tech Services Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹30 per Equity Share of Face Value of ₹2 each of the Company (1500% of Face Value). Total Dividend for FY23 stood at ₹30 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹30 per Equity Share | Coming Soon |
The dividend’s record date has not yet come
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About L&T Tech Services:
L&T Technology Services, a multinational technology company headquartered in Vadodara, India, specializes in providing engineering research and development services.
Download Full PDF Q4 Results L&T Tech Services:
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