L&T Tech Services Q2 Results: Net profit rises 1.3% to ₹319.6 crore, revenue up 8% YoY; dividend declared

July-September quarter results for fiscal 2024-25 (Q2FY25) on Wednesday, October 16, reporting a rise of 1.3 per cent in consolidated net profit at ₹319.6 crore over narrower profit margins, compared to ₹315.4 crore in the corresponding period last year.

The engineering services player’s revenue from operations in the second quarter of the current fiscal rose 7.8 per cent at ₹2,573 crore, compared to ₹2,386.5 crore in the year-ago period, helped by an over 24 per cent growth in the European market driven by demand from the automobile sector and sustainability-focused solutions.