L&T Technology Services
LTTS.NS
#2246
Rank
โ‚ฌ6.26 B
Marketcap
59,19ย โ‚ฌ
Share price
0.45%
Change (1 day)
13.77%
Change (1 year)

Operating Margin for L&T Technology Services (LTTS.NS)

Operating Margin as of September 2024 (TTM): 18.93%

According to L&T Technology Services's latest financial reports and stock price the company's current Operating Margin is 18.93%. At the end of 2023 the company had an Operating Margin of 20.51%.

Operating Margin history for L&T Technology Services from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.51%2.93%
202219.93%21.03%
202116.47%-15.91%
202019.58%-3.6%
201920.31%12.28%
201818.09%1.45%
201717.83%0.78%
201617.69%24.5%
201514.21%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.