L&T Technology Services Reports 2.7% QoQ CC Revenue Growth in 2QFY27
Motilal Oswal says LTTS revenue grew 2.7% quarter over quarter in constant-currency terms, above its 2.2% estimate. EBIT margin stood at 16.3%, above its 15.6% estimate.
Motilal Oswal’s research report said L&T Technology Services (LTTS) revenue rose 2.7% quarter on quarter in constant-currency terms in 2QFY27, above the firm’s 2.2% estimate. Sustainability and Mobility grew 4.9% and 2.3% QoQ, respectively, while Tech declined 0.9% QoQ. EBIT margin was 16.3%, up 60bp QoQ and above Motilal Oswal’s 15.6% estimate. Adj.
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