“We delivered broad based growth with all verticals registering growth on an annual basis including Process Industry which has rebounded. We sustained EBTIDA margins at 15.3% and managed to offset the impact of wage hikes to employees,” said Dr Keshab Panda, CEO & Managing Director, LTTS.
We remain optimistic on growth as we see a healthy demand environment. With the global economic momentum picking up, our clients are investing in new technologies at a rapid pace. During the quarter LTTS won several multi-million dollar deals and deal sizes in our pipeline are inching up, Dr Keshab Panda added.
On the BSE, the stock surged 13% to Rs 1,145, trading close to its record high of Rs 1,150 touched on January 4, 2018 in intra-day trade. A combined 90,819 shares changed hands on the counter on BSE and NSE so far.