Record Date Unveiled! L&T Technology Services To Pay Rs. 38 Dividend Soon; Wait Or Buy Now?

L&T Technology Services' stock opened Monday at Rs 4452.60 and rose to an intraday high of Rs 4555. L&T Technology Services was up 0.86% at Rs 4514.15 as on May 19, 11:14 IST. The National Stock Exchange (NSE) saw a trading volume of around 132,562 shares of L&T Technology Services Ltd (LTTS) on May 19, 2025. This number is somewhat below the company's recent average, suggesting that traders are being cautious. The large-cap IT stock has announced record date for its upcoming dividend, so should traders consider buying on dips? Let's find the analysis here.

L&T Technology Services Dividend

For the fiscal year that ended on March 31, 2025, the Board of Directors recommended a final dividend of Rs. 38/-per equity share with a face value of Rs. 2/-each.

L&T Technology Services Dividend Dates

"Pursuant to Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, June 6, 2025, as the "Record Date" for the purpose of determining the Members eligible to receive final dividend for FY 2024-25. The Final Dividend, if approved at the AGM, shall be paid by the Company within 30 days of the AGM," said L&T Technology Services in a stock exchange filing.

The 13th AGM of the company is scheduled to be held on Monday, June 16, 2025 at 3:00 p.m. (IST).

L&T Technology Q4 Results

In FY25, L&T Technology Services reported a net profit of Rs 311 crore for the January-March quarter. Compared to the Rs 341 crore recorded during the same period last year, this indicates a 9% drop. In the reporting quarter, the company's revenue from operations increased 17.5% YoY to Rs 2,982.4 crore. The company's revenue in Q4 increased 13.1% YoY to $345.1 million in US dollar terms. The earnings before interest and tax (Ebit) were Rs 475.5 crore in Q4FY25, up from Rs 502.8 crore in Q4FY24. The firm posted revenue of Rs 10,670.1 crore for the entire fiscal year that ended on March 31, 2025, up 10.6% YoY, and a net profit of Rs 1,266.7 crore. Additionally, the company's revenue climbed 8.9% to $1.26 billion in constant currency terms.

L&T Technology Services Share Price Target

"LTTS is showing a sideways to mildly positive trend, with key support around ₹4,450. A strong move above ₹4,600 can signal a breakout, leading toward ₹4,750-₹4,800 in the short term. The stock is respecting its trendline and 20-day moving average. As long as it stays above ₹4,450, the structure remains healthy. Momentum indicators are neutral, so a breakout with volume will confirm direction. Traders can consider buying on dips with a stop-loss below ₹4,450," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.