L&T Technology Services Q4: Margins Improve, Dollar Revenue Soft

Key Highlights • Net Profit: ₹332.1 Cr (↑9.75% QoQ) • Revenue (₹): ₹2,857.9 Cr (↑2.5% QoQ) • Revenue ($): $306 Mn (↓1.7% QoQ) • EBIT: ₹434.9 Cr (↑5.5% QoQ) • EBIT Margin: 15.2% (vs 14.8% QoQ) Shareholder Return • Final Dividend: ₹40 per share What Stands Out • Improvement in profitability and margins • Rupee revenue growth despite decline in dollar terms • Indicates currency tailwinds and cost efficiency Why It Matters Margin expansion is a positive, but weak dollar revenue growth highlights demand softness or deal delays in global markets. Learning Outcome In IT/ER&D companies, both constant currency growth and margin trends are key indicators. Currency movements can impact reported numbers.