For L&T Tech, meeting FY25 revenue and margin targets is easier said than done
Source: Live Mint L&T Technology Services Ltd (LTTS), a tier-2 IT company, is grappling with the challenge of balancing revenue growth and margins. In the September quarter (Q2FY25), its constant currency (CC) revenue grew by a decent 3.4% sequentially, marking a recovery from a seasonally weak Q1. All three key verticals—mobility, sustainability, and hi-tech—returned to…