LTTS aims at $1 billion revenue for each of its three verticals

Four months after reorganising its existing verticals into three new verticals – mobility, sustainability and tech – L&T Technology Services (LTTS) told analysts on Tuesday that it aspires to grow each vertical into a $1 billion vertical.

Motilal Oswal said in a note, “For context, annualized revenues from mobility, sustainability, and tech stand at $416 million, $354 million and $411 million, respectively.”

It said while it was encouraged by the IT engineering services firm’s ambition, the company had not specified a time frame for achieving its target.