Earnings Alerts

L&T Technology Services Limited (LTTS) Earnings: 1Q Net Income Falls Short of Estimates







  • Net income for L&T Technology was 3.14 billion rupees.
  • This was below the estimated net income of 3.24 billion rupees.
  • Revenue reported at 24.62 billion rupees.
  • Revenue estimate was 25.32 billion rupees.
  • Total costs for the quarter amounted to 20.91 billion rupees.
  • Other income came in at 622 million rupees.
  • Analysts’ ratings: 3 buys, 8 holds, and 19 sells.



A look at L&T Technology Services Limited Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

L&T Technology Services Limited, an engineering services company, is poised for a promising long-term outlook. With solid scores in Dividend, Growth, and Resilience, the company demonstrates strong financial stability, growth potential, and ability to withstand market challenges. Its emphasis on consistently delivering dividends to shareholders reflects a commitment to value creation. Furthermore, the high scores in Growth and Resilience indicate a robust business model capable of sustaining and expanding operations over time.

Operating across a wide range of industries, including industrial products, consumer electronics, medical devices, and more, L&T Technology Services Limited shows versatility and a broad market reach. With a strong focus on innovation and development solutions, the company is well-positioned to capitalize on future opportunities and maintain its competitive edge in the engineering services sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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