{"id":867170,"date":"2024-10-17T09:46:30","date_gmt":"2024-10-17T04:16:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867170"},"modified":"2024-10-17T10:04:32","modified_gmt":"2024-10-17T04:34:32","slug":"lt-tech-services-q2-results-net-profit-rises-1-3-to-%e2%82%b9319-6-crore-revenue-up-8-yoy-dividend-declared","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/17\/lt-tech-services-q2-results-net-profit-rises-1-3-to-%e2%82%b9319-6-crore-revenue-up-8-yoy-dividend-declared\/","title":{"rendered":"L&amp;T Tech Services Q2 Results: Net profit rises 1.3% to \u20b9319.6 crore, revenue up 8% YoY; dividend declared"},"content":{"rendered":"<p>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 \u20b9319.6 crore over narrower profit margins, compared to \u20b9315.4 crore in the corresponding period last year.<\/p>\n<p>The engineering services player&#8217;s revenue from operations in the second quarter of the current fiscal rose 7.8 per cent at \u20b92,573 crore, compared to \u20b92,386.5 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9319.6 crore over narrower profit margins, compared to \u20b9315.4 crore in the corresponding period last year. The engineering services player&#8217;s revenue from operations in the second quarter of the current fiscal rose 7.8 per cent at \u20b92,573 crore, compared to \u20b92,386.5 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.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-867170","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867170"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867170\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}