L&T Technology Services ties up with CeNSE
DSIJ Intelligence / 29 Nov 2016
L&T Technology Services has entered into partnership with the Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science (IISc), Bangalore to jointly work towards innovations in the areas of sensors and energy efficient systems based on nanotechnology.
L&T Technology Services has entered into partnership with the Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science (IISc), Bangalore to jointly work towards innovations in the areas of sensors and energy efficient systems based on nanotechnology. The company has been at the forefront of consistently forging new tie-ups with global majors.
L&T Technology Services is also working closely with CeNSE, IISc, in the field of robotics and other related futuristic technologies. Nanotechnology is a rapidly expanding area of research with potential to revolutionise people’s lives by way of driving advancements in technology in agriculture, energy, environment and healthcare.
On the financial front, L&T Technology Services topline increased 6.62 per cent to Rs 823 crore in Q2FY17 as compared to the same period in the previous financial year. The company’s net profit too rose 19.68 per cent to Rs 112 crore in Q2FY17 on a yearly basis.
The share price of L&T Technology Services increased 0.53 per cent on the bourses in early trades and is trading at Rs 852.4 on intraday basis.
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