L&T Tech sees 20% FY24 revenue growth, posts profit beat in Q4

L&T Technology Services Ltd, an Indian engineering firm, is forecasting revenue growth of over 20% for the current fiscal year after announcing fourth-quarter profits higher than anticipated due to a strong deal pipeline. Consolidated net profit for the quarter to March 31 was INR3.10bn ($37.93m), beating expectations of INR3.04bn, with EBIT growing to 18.7% from 18.6% year-on-year.

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