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Larsen & Toubro Technology Services (LTTS) on Friday posted a 7.8 per cent rise in consolidated net profit to Rs 205.8 crore for the second quarter ended September 30. The company had registered a net profit of Rs 191 crore in the corresponding quarter of the previous fiscal, it said in a regulatory filing. Its revenue grew 10.7 per cent to Rs 1,402.1 crore in the said period as against Rs 1,266.1 crore a year ago, it added. "Our Q2 revenue growth of 2.5 per cent quarter-on-quarter in constant currency was a bit softer than what we expected. While plant engineering and medical devices each grew in excess of 20 per cent year-on-year and was in-line with our expectation, the growth in Telecom & Hitech and Transportation came below expectations on account of decision-making delays amid continuing uncertainty over global trade negotiations," LTTS CEO and Managing Director Keshab Panda said. The company sees a likelihood of some of these trends persisting in the current quarter as .

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