The company will consolidate its existing five segments into three – mobility, sustainability and high-tech.
For the quarter ended March 31, the engineering services company reported revenue of Rs 2,537 crore, a growth of 7 per cent (year-on-year), with a net profit of Rs 340 crore.
Amit Chadha, CEO and Managing Director, L&T Technologies, said, “With a strong sequential growth of 5.1 per cent in the fourth quarter, our revenue run-rate has now crossed the run-rate of $1.2 billion, a year after we Crossed the $1 billion mark. Services.
The company has won a landmark $100 million deal in cyber security, he said, where "we will build and operate a sophisticated cyber intelligence center by leveraging AI and digital forensics solutions".
The company said it has filed 54 patents in AI with a total of 1,29 patents so far.
"We are now embarking on the next phase of growth with the strategy of 'Going Deeper to Scale', under which we will organize our organization into three segments - Mobility, Sustainability and Hi-Tech," Chadha said.
For the quarter ended March 31, the engineering services company reported revenue of Rs 2,537 crore, a growth of 7 per cent (year-on-year), with a net profit of Rs 340 crore.
Amit Chadha, CEO and Managing Director, L&T Technologies, said, “With a strong sequential growth of 5.1 per cent in the fourth quarter, our revenue run-rate has now crossed the run-rate of $1.2 billion, a year after we Crossed the $1 billion mark. Services.
The company has won a landmark $100 million deal in cyber security, he said, where "we will build and operate a sophisticated cyber intelligence center by leveraging AI and digital forensics solutions".
The company said it has filed 54 patents in AI with a total of 1,29 patents so far.
"We are now embarking on the next phase of growth with the strategy of 'Going Deeper to Scale', under which we will organize our organization into three segments - Mobility, Sustainability and Hi-Tech," Chadha said.
