Net profit of L&T Technology Services rose 0.24% to Rs 340.90 crore in the quarter ended March 2024 as against Rs 340.10 crore during the previous quarter ended March 2023. Sales rose 7.04% to Rs 2537.50 crore in the quarter ended March 2024 as against Rs 2370.60 crore during the previous quarter ended March 2023.For the full year,net profit rose 7.56% to Rs 1303.70 crore in the year ended March 2024 as against Rs 1212.10 crore during the previous year ended March 2023. Sales rose 9.44% to Rs 9647.30 crore in the year ended March 2024 as against Rs 8815.50 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales2537.502370.60 7 9647.308815.50 9 OPM %19.8120.26 -19.8919.98 - PBDT545.60519.30 5 2075.401919.80 8 PBT471.00462.40 2 1803.801686.00 7 NP340.90340.10 0 1303.701212.10 8 Powered by Capital Market - Live News

L&T Technology Services has allotted 4,700 equity shares under ESOS on 25 April 2024. Powered by Capital Market - Live News

L&T Technology Services announced that the Board of Directors of the Company at its meeting held on 25 April 2024, has recommended a Final dividend of Rs.33 per share (i.e.1650%), subject to the approval of the shareholders.Powered by Capital Market - Live News

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 25 April 2024.Powered by Capital Market - Live News

L&T Technology Services plans to deliver scalable AI solutions to enterprises around the globe. LTTS is attending the NVIDIA GTC global AI conference, running March 18-21, to engage with customers. LTTS is committed to upskilling 1,000 engineers over the coming three years on NVIDIA software, such as NVIDIA AI Enterprise, the most efficient and reliable runtime for generative AI, which includes NVIDIA NeMo, NVIDIA NIM and more. NVIDIA NeMo is an end-to-end platform for developing custom generative AI, including tools and microservices for customization, retrieval-augmented generation (RAG), data curation, model evaluation, and more. Part of this platform, NVIDIA NeMo Retriever is a set of microservices that enable accelerated RAG to boost the precision and reliability of generative AI models by integrating data from external sources. The LTTS training initiative is aimed at building a formidable pool of AI specialists and practitioners. Furthermore, LTTS will implement AI solutions across various sectors, including manufacturing, automotive, and healthcare. LTTS intends to enhance customer interaction and engagement through natural language processing and speech recognition, streamlining production processes and quality control using computer vision and machine learning, and improving diagnostic and treatment outcomes through medical image analysis and natural language generation.�Training our associates on NVIDIA software will allow our engineers to deliver innovative, scalable generative AI solutions across the entire industry. We aspire to solve real-world challenges and create significant value for our global customers.� said Amit Chadha, CEO and Managing Director, L&T Technology Services. Powered by Capital Market - Live News