Generally, we believe that profitable businesses are less risky than businesses that lose money. However, sometimes companies receive a one-time increase (or decrease) in their profits, and it is not always clear whether statutory profits are a good guide for the future. In this article, we’ll see how useful this year’s statutory profit is when analyzing L&T Technology Services (NSE: LTTS).
We like the fact that L&T Technology The services made ₹ 6.92 billion profit on its ₹ 54.7 billion revenue last year. Fortunately, he has increased both his profits and his income over the past three years (although we do note that his profits are down from last year).
Discover our latest analysis for L&T Technology Services
NSEI: LTTS Results and Revenue History January 19, 2021
Not all profits are created equal, and we can learn more about the nature of a company’s past profitability by digging deeper into financial statements. Today we will discuss L&T Technology Free cash flow from services compared to…
- According to the source Does L&T Technology Does Statutory Service Profit (NSE: LTTS) adequately reflect its underlying profit?
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