Net profit of L&T Technology Services rose 0.80% to Rs 313.60 crore in the quarter ended June 2024 as against Rs 311.10 crore during the previous quarter ended June 2023. Sales rose 6.97% to Rs 2461.90 crore in the quarter ended June 2024 as against Rs 2301.40 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2461.902301.40 7 OPM %18.5319.67 - PBDT505.30488.50 3 PBT432.70431.10 0 NP313.60311.10 1 Powered by Capital Market - Live News

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 18 July 2024.Powered by Capital Market - Live News

L&T Technology Services (LTTS) announced that A. M. Naik has decided to step down as Chairman of the company. The Board of Directors of LTTS at its meeting held on 26 June 2024, have appointed S. N. Subrahmanyan, (Vice-Chairman), as Chairman with effect from 27 June 2024.Powered by Capital Market - Live News

L&T Technology Services and the Indian Institute of Technology Hyderabad (IIT Hyderabad) have announced a collaboration aimed at fostering industry and academia advancement in the domains of Advanced Driver Assistance Systems (ADAS) and Cellular Vehicle-to-Everything (CV2X) communication. This partnership represents a significant leap in the automotive landscape by bringing in cutting edge technologies across these domains. LTTS and IIT Hyderabad`s engagement is designed to facilitate research and application of ADAS and CV2X technologies, with a focus on elevating road safety, efficiency, and the overall driving experience. It seeks to harness the combined expertise of both entities to drive innovation and bring about transformative developments in connected vehicle ecosystems. The project encompasses recent advancements within ADAS and CV2X technologies. It provides a comprehensive exploration of development of state-of-the-art features within Advanced Driver Assistance Systems, such as collision avoidance, lane departure warning, pedestrian detection, and adaptive cruise control. Additionally, it will focus on the integration of AI-driven algorithms and sensor technologies to enhance real-time hazard recognition and response capabilities, as well as the research and development of robust communication frameworks for Cellular Vehicle-to-Everything communication. Powered by Capital Market - Live News

L&T Technology Services announced that the Annual General Meeting (AGM) of the company will be held on 26 June 2024.Powered by Capital Market - Live News