📉 L&T Tech Q3: Earnings Miss, Margins Improve — What’s Next for the Stock?

L&T Technology Services

announced its Q3 results on 15 Jan 2025, and the numbers were mixed. Net profit declined 7.9% QoQ to ₹303 crore, while revenue slipped 1.9% to ₹2,924 crore, reflecting demand softness. The positive surprise came on the operating front, with EBIT rising 7.3% to ₹427 crore and EBIT margin expanding to 14.6% from 13.4%, aided by cost control and efficiency measures. The stock closed in the red for the third consecutive session yesterday, signaling cautious market sentiment. 👉 What do you think next? Will L&T Tech extend its losing streak or bounce back from here? 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.