#LTTS management on Co's performance visibility ahead after Q3:
Company continue to see double-digit growth in the next 3-5 years on the rising penetration of ER&D services n higher spending on digital engineering.
Digital Engineering revenues were 56% in Q3 versus 55% in Q2.
Company continue to see double-digit growth in the next 3-5 years on the rising penetration of ER&D services n higher spending on digital engineering.
Digital Engineering revenues were 56% in Q3 versus 55% in Q2.
Deal pipeline continues to see healthy addition and the demand outlook in US and Europe remains strong.
#LTTS will continue to invest in their six big bets which will allow them to participate significantly in customers transformation journey and win large deals.
#LTTS will continue to invest in their six big bets which will allow them to participate significantly in customers transformation journey and win large deals.
Client profile, which indicates number of Million dollar plus accounts has shown a sequential improvement in USD30 mn & USD10 mn plus categories. The client profile numbers hv seen an improvement over d past few qtrs n this trend will continue in d coming quarters as per mgmt.
#LTTS Client contribution to revenue have seen improvement in the Top 5 and Top 10 clients.
Finally Mgmt visibility on the EBIT margin trajectory going forward is that they aspire to maintain a sustainable 18% plus EBIT margin consistently.
Finally Mgmt visibility on the EBIT margin trajectory going forward is that they aspire to maintain a sustainable 18% plus EBIT margin consistently.
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