External broker reports(aggregated public sources), Sharekhan

Sharekhan

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External broker reports(aggregated public sources)

Equity Bottom-Up

L&T Technology Services Limited / Equity Bottom-Up

L&T Technology Services Limited (LTTS IN)

<ul><li>Reported revenue stood at $312 million, up 3.1% q-o-q in constant currency (cc) terms, missing our estimates of $315 million.</li><li>EBIT margin improved by ~80 bps q-o-q to 15.9%, beating our estimates of 15.5%.</li><li>Deal wins were healthy as the company won one $ 50 million, two $35 million and two $25 million and three $10 million TCV deals.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Reported revenue stood at $312 million, up 3.1% q-o-q in constant currency (cc) terms, missing our estimates of $315 million.EBIT margin improved by ~80 bps q-o-q to 15.9%, beating our estimates of 15.5%.Deal wins were healthy as the company won one $ 50 million, two $35 million and two $25 million and three $10 million TCV deals.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

L&T Technology Services Ltd - Decent Quarter