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<ul><li><keyword id="2535680" type="General" weightage="20" keywordseo="LT-Technology" source="Orion">L&amp;T Technology</keyword> Services Limited on Wednesday reported 22 per cent revenue <keyword id="42546" type="General" weightage="20" keywordseo="growth" source="Orion">growth</keyword>.</li><li>For the fourth quarter of FY23, the pure-play engineering services company recorded Rs 2,096 crore, a growth of 19 per cent YoY.</li></ul>New Delhi, L&amp;T Technology Services Limited on Wednesday reported 22 per cent revenue growth at Rs 8,014 crore for the FY23. The net <keyword id="6362247" type="General" weightage="20" keywordseo="profit" source="Orion">profit</keyword> for the fiscal year was Rs 1,170 crore, also a 22 per cent jump (on-year). For the fourth quarter of FY23, the pure-play engineering services company recorded Rs 2,096 crore, a growth of 19 per cent YoY, with a net profit of more than Rs 309 crore, a 18 per cent growth. During the quarter, LTTS won a $40 million deal and three $10 million plus total contract value (TCV) deals. "FY23 was a landmark year for us as we crossed a billion dollars in revenue run rate and Rs 1,000 crore in annual profits. Our EBIT margin was the highest ever at 18.5 per cent driven by a strong focus on building a robust and sustainable operating model," said Amit Chadha, CEO and Managing Director, L&amp;T Technology Services Ltd. The combination of steady growth and expanding operating margin has led to an 18 per cent CAGR in profits over the last 5 years, he added. At the end of Q4 FY23, the patents portfolio of L&amp;T Technology Services stood at 1,090, out of which 727 are co-authored with its customers and the rest are filed by LTTS. The company currently has 22,233 employees. LTTS's customer base includes 69 Fortune 500 companies and 57 of the world's top ER&amp;D companies, across industrial products, medical devices, transportation, telecom &amp; hi-tech, and the process industries. "We are optimistic about the future and look for another year of strong growth as we partner with the top ER&amp;D companies globally in developing next generation products", said Chadha. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/the-best-vpns-to-safeguard-your-online-privacy-and-security-in-india/articleshow/99727397.cms">The best VPNs to safeguard your online privacy and security in India</a> <a href="https://www.businessinsider.in/tech/news/formerly-barred-from-pharma-industry-entrepreneur-develops-ai-tool-using-chatgpt-to-cut-down-hospital-runs/articleshow/99662101.cms">Formerly barred from pharma industry, entrepreneur develops AI tool using ChatGPT to cut down hospital runs</a>

L&T Technology Services logs 22% growth in revenue, net profit in FY23

<ul class="summary-list"><li><keyword id="19895159" type="General" weightage="20" keywordseo="Russia" source="keywords">Russia</keyword> and <keyword id="19894886" type="General" weightage="20" keywordseo="China" source="keywords">China</keyword> are investigating ways to disable <keyword id="21403350" type="General" weightage="100" keywordseo="US-satellites" source="keywords">US satellites</keyword>, raising defense concerns.</li><li>China is testing <keyword id="21403351" type="General" weightage="20" keywordseo="satellite-grappling-technology" source="keywords">satellite grappling technology</keyword> that can move objects in space without debris.</li></ul>Russia and China appear to be actively looking into ways to watch and potentially incapacitate US satellites in space, and defense analysts are concerned. "China and Russia are both operating satellites that attempt to better understand high-value U.S. government satellites" and engaging in other alarming activities, analysts at the Washington-based Center for Strategic and International Studies said in the think tank's 2024 <a target="_blank" href="https://csis-website-prod.s3.amazonaws.com/s3fs-public/2024-04/240417_Swope_Space_Threat_0.pdf?VersionId=DDeJ0EkYnF5W7POfMJHVGjkxEVeTx3o0">Space Threat Assessment</a> report. "These developments are concerning and will likely continue in the coming years." "Both Russia and China routinely <a target="_blank" href="https://www.businessinsider.com/russia-conducts-space-based-anti-satellite-weapons-test-2020-7">maneuver their satellites near Western government and commercial satellites</a>, sometimes remaining close by for months at a time," the report's six expert authors said. China has been testing technology and mechanisms that allow satellites to grapple onto other satellites. Analysts at CSIS drew this conclusion after it was reported that China successfully used its SJ-21 satellite to grapple and direct an inoperative satellite to a new location in orbit. The potential grappler satellites China could be testing have an "unfriendly" connotation as they are capable of hijacking and moving objects like satellites in space "without generating any debris." In a February hearing, US Space Command leader Gen. Stephen Whiting described the pace of<a target="_blank" href="https://www.businessinsider.com/space-race-anti-satellite-china-russia-war-us-2017-07"> China's space expansion</a> as "breathtaking." Beijing, Whiting <a target="_blank" href="https://www.armed-services.senate.gov/imo/media/doc/whiting_statement.pdf">said</a>, is "growing its military space and counterspace capabilities at breathtaking pace to deny American and Allied space capabilities when they so choose." Russia likely has at least two satellites conducting "an espionage mission but may also perform other functions." Experts also believe that at points within the past decade, Russia has tested projectile weapons to be used in Low Earth orbit. "All of these unfriendly behaviors in space have become commonplace," the analysts wrote. And earlier this year, the White House sounded alarms about a Russian system that US officials told reporters involved putting some sort of <a target="_blank" href="https://www.businessinsider.com/russia-could-blind-us-with-nuclear-space-weapon-ex-cia-director-2024-2">nuclear capability into outer space</a>. Security experts have often said that China and Russia would <a target="_blank" href="https://www.economist.com/international/2024/01/31/america-china-and-russia-are-locked-in-a-new-struggle-over-space?utm_medium=affiliates.content.pd&amp;utm_source=Skimbit%20Ltd.&amp;utm_campaign=16002&amp;utm_content=Online%20Tracking%20Link&amp;irclickid=0mlX%3AH0zGxyKU3LyIL0hGyY4UkHWe6VvgwKm0g0&amp;channel=Impact&amp;irgwc=1">take down</a> satellites as their first course of action in the event of war. The US currently has thousands of satellites in space. Some are capable of tracking ballistic missile threats, some serve commercial endeavors, others provide critical GPS services, and others gather intelligence. These satellites serve US economic and national security interests, and in a great power conflict, these space assets are critical. But they're at risk as rivals China and Russia advance their respective counterspace capabilities. A senior Marine Corps officer in information, Lt. Gen. Matthew Glavy, warned last year that the <a target="_blank" href="https://www.businessinsider.com/us-must-control-space-in-future-wars-top-marine-general-2023-12">US has to be ready for challenges in space</a>. "I'm telling you right now: We don't win the space domain? Don't even bother," he said. "No space, no chance."

US satellites could face threat from Russia and China's 'unfriendly' space behavior, warn defense analysts

<ul><li>Shares of <keyword id="2535680" type="PERSON" weightage="20" keywordseo="LT-Technology">L&amp;T Technology</keyword> Services touched its record high mark of ₹3,447 on July 15.</li><li>The engineering services company delivered 84% year on year growth in net profit to ₹216 crore.</li><li>The company filed 23 patents in the June quarter.</li></ul>Shares of L&amp;T Technology Services, the engineering services arm of India’s largest construction company, surged 18% in a single day as investors celebrated the exemplary performance by the company in June quarter. The company reported 85% year on year growth in its net profit to ₹216 crore and 17% on year growth in revenue to ₹1,518 crore. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Financials </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Apr-Jun 2021 (in rupee crores) </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Jan-Mar 2021 (in rupee crores) </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1,518 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1440 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Net income </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">216 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">194 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Gross profit </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">506 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">465 </td></tr></tbody></table> The strong quarter performance was supported by a huge deal win and good growth in digital engineering revenues. The company won 11 large deals across 5 segments -- transportation, industrial products, telecom and hi-tech, plant engineering and medical devices. “Digital transformation deals now account for 54% of our revenue. Our strong growth foundation in the digital transformation domain enables newer opportunities for us. FY22 will be about relooking at our offerings and portfolios to resonate with the needs of the modern world,” the company said on <a href="https://twitter.com/LnTTechservices/status/1415304700652576769">Twitter</a>. <div type="image" title="L&amp;amp;T Tech stock" height="900" width="1200" msid="84437562" hostid="261"></div> Moreover, the company has filed 23 patents in the June quarter. At the end of the first quarter, the patents portfolio of L&amp;T Technology Services stood at 719, out of which 531 are co-authored with its customers and the rest are filed by the company. The engineering services company relies on a combination of patent, copyright and trademark laws, trade secrets, confidentiality procedures and contractual provisions to protect its intellectual property. “We started the new fiscal with a strong performance, despite the pandemic related challenges during the quarter. In Q1, we got our revenue back on the double-digit growth trajectory and marked four consecutive quarters of operating margin improvement. The deal pipeline is healthy across segments, and we expect broad based growth to continue. Our innovation engine is matching the pace of our growth as we filed a record 23 patents in Q1,” said Amit Chadha, chief executive officer and managing director of L&amp;T Technology Services in June quarter release. Further, the company looks to scale its operations in 6 areas -- automated electric vehicles, medical technologies, digital manufacturing, artificial intelligence and machine learning, and sustainability. At the end of June quarter, the company had an employee strength of 16,972. At 2:11 p.m., on July 15, shares of the company were trading 18% higher at ₹3,440. SEE ALSO: <a href="https://www.businessinsider.in/business/news/merus-plea-against-uber-abusing-its-dominant-status-rejected-by-cci/articleshow/84434982.cms">Meru’s plea against Uber abusing its dominant status rejected by CCI </a> <a href="https://www.businessinsider.in/business/corporates/news/just-dial-share-price-surge-as-mukesh-ambani-is-looking-to-buy-just-dial/articleshow/84432450.cms">As Mukesh Ambani reportedly dials in, Just Dial stocks surge 3% </a> <a href="https://www.businessinsider.in/business/startups/news/pubg-developer-krafton-is-going-to-help-indian-storytelling-platform-pratilipi-to-turn-a-few-stories-into-games/articleshow/84430517.cms">PUBG developer Krafton is going to help Indian storytelling platform Pratilipi to turn a few stories into games </a>

L&T Technology Services gains more than 18% in a day on strong financials

<div type="image" title="Fintech company Bolt CEO Ryan Breslow and colleagues smile in photo" height="853" width="1280" msid="89279688" hostid="261"></div><ul class="summary-list"><li>Bolt is adopting a permanent four-day workweek after a successful three-month trial.</li><li>Chief People Officer Jennifer Christie explained how the startup made the change.</li></ul>On a sunny morning in August, <keyword id="13038316" type="UNKNOWN" weightage="60" keywordseo="ryan-breslow" source="Orion">Ryan Breslow</keyword> was meditating in the backyard of his Miami home when it hit him. He wanted to implement a <a href="https://www.businessinsider.com/ecommerce-unicorn-bolt-adopts-4-day-week-after-productivity-improved-2022-1">permanent four-day workweek</a> at the company he founded, <keyword id="11898487" type="UNKNOWN" weightage="60" keywordseo="fintech" source="Orion">fintech</keyword> startup Bolt. Breslow, who <a href="https://techcrunch.com/2022/01/31/ryanbreslow-bolt/">resigned from his CEO position</a> on Monday and is now the executive chairman, had been reading articles on the burgeoning <a href="https://buildremote.co/four-day-week/4-day-work-week-companies/">workplace trend</a> for months, quietly contemplating it. That summer day, he decided to move on his gut feeling that it might just work. One month later, Bolt launched a three-month pilot program, giving employees and executives a chance to see if the compressed workweek was a fit for them.It was a <a href="https://www.bolt.com/blog/what-bolters-are-saying-about-the-four-day-work-week/">resounding success</a>, according to employee feedback. Breslow implemented it as a permanent policy <a href="https://www.businessinsider.com/ecommerce-unicorn-bolt-adopts-4-day-week-after-productivity-improved-2022-1">in January</a> for the company's 600 employees. Job applications at the <keyword id="11894549" type="UNKNOWN" weightage="60" keywordseo="e-commerce" source="Orion">e-commerce</keyword> company have jumped 30% month over month, according to a company spokesperson. "We're never going back," Breslow wrote in a <a href="https://twitter.com/theryanking/status/1478564004356317186?s=20">tweet</a> last month, citing heightened productivity and reported employee wellness. Bolt did not immediately respond to request for comment as to why Breslow stepped down from his CEO post. Bolt, a company that wants to make the checkout process quicker and easier for retailers, is on the cutting edge of what some say is the future of work. Employees are rethinking their work-life balance amid the pandemic and <a href="https://www.businessinsider.com/how-ceos-executives-plan-address-the-great-resignation-in-2022-2022-1">the "Great Resignation."</a> The compressed work schedule has been <a href="https://www.businessinsider.com/andrew-yang-pandemic-highlights-importance-implementing-4-day-workweek-2020-8">gaining momentum</a> over the <a href="https://www.fastcompany.com/90501241/my-companys-always-had-4-day-workweeks-heres-why-theyre-more-important-than-ever">past few years</a>, but interest in it seems to have spiked over the past <a href="https://www.gamesindustry.biz/articles/2022-01-31-hutch-begins-six-month-four-day-work-week-trial">few weeks</a>."People feel really proud to work at Bolt," Bolt Chief People Officer Jennifer Christie told Insider. She explained how Bolt executed the change, the challenges leaders faced, and what the team learned from the process.<h2>How Bolt made the switch </h2><div type="image" title="Bolt's chief people officer Jennifer Christie" height="2211" width="2949" msid="89279685" hostid="261"></div>Bolt's <keyword id="11893566" type="UNKNOWN" weightage="60" keywordseo="leadership" source="Orion">leadership</keyword> team jumped into the deep end of the pool without really knowing how to swim. "It was, 'Let's just learn as we go,'" the chief people officer said. "'Let's test it out.'"The first key decision was whether to let employees choose the day they wanted off or establish one collective day. Breslow and the team went with the latter choice. Christie said, "We thought it would be easier for everyone to really take a step back if everyone took the same day off." Then, employees were informed of the three-month pilot and asked to take stock of their schedules. Workers moved meetings to Monday through Thursday and teams worked to cancel meetings they didn't feel were necessary or turn them into "asynchronous formats" like emails or videos that could be viewed at any time. Employees were also encouraged to speak with their managers if they felt their time was being wasted or spent on things that didn't help them achieve their goals. "We said, 'With those other four days, let's really sprint, let's do focused work, and let's not spend time on things that don't matter,'" said Christie, who's been involved in company conversations about the four-day workweek since October and joined the team officially on January 3.<h2>Dealing with challenges </h2>The shift hasn't been without its struggles. Fifteen percent of employees, specifically workers in sales, said they encountered "external-facing challenges" like planning meetings with prospective clients. To deal with this, employees were encouraged to either reschedule meetings to be sometime between Monday and Thursday or take the meeting and adjust their schedule the next week to make up for it. For example, an employee who had to take a one-hour phone call on Friday would tell their manager they were taking one hour off the following Monday. Another challenge was figuring out what to do when federal or company holidays rolled around. At first, the company counted the holiday as the day off for that week. For example, Labor Day, which falls on a Monday, was the day off, with workers working Tuesday through Friday that week. Some workers found this frustrating and confusing, so management walked back their decision, which resulted in multiple three-day weeks. People were surprised they could get their work done on those three days, Christie said. "I think people realized when you really kind of forced yourself to focus on the things that are most important, people even went further," she said. The other challenge is stress. Nearly 40% of the team said they felt more stress Monday through Thursday compared with a five-day schedule, according to company data. Christie said the company was continuing to reduce meetings and unnecessary tasks for employees to combat this. Still, she said, the benefits outweigh the challenges. In a company survey, 94% of employees and 91% of managers said they supported Breslow's decision to permanently adopt the four-day workweek. <h2>Encouraging other companies to consider it</h2>Overwhelmingly, workers are happier with the change. Eighty-four percent of Bolt employees said their work-life balance had improved. The same percentage reported being more productive at work. Since the pilot's launch, at least "a few" Fortune 500 companies have reached out to Bolt's team to learn more about the process of compressing the workweek. It's a sign, she said, that the policy can work for small, medium, and large companies. Christie likened the shift to a four-day workweek to adopting remote work. People thought it was impossible for industries like TV news and finance to go remote, but the majority did. "Before the pandemic, you heard so many companies say, you know, 'I think remote work is great, but, you know, that's only for tech companies and that can't ever work at my company,'" she said. "But behold, the pandemic hit and everyone figured it out." The compressed workweek, Christie said, has been driving job applications higher. Breslow and the executive team have been getting positive feedback from "across generations, across people with families, people without families," she said. "People are saying they are more present at home with their families, being able to do things that are more for their own wellness," she said. "Their friends and contacts on LinkedIn are asking if we're hiring."

A fintech startup saw a 30% spike in job applications after switching to a 4-day workweek. A top exec laid out its blueprint.

Tata Teleservices, Adani Green, TVS Motor and more — stocks that are bucking the weak market trend

<ul><li>The scope of the project involves design, supply, construction and testing, and commissioning of the depot.</li><li><keyword id="6354919" type="General" weightage="20" keywordseo="lt" source="Orion">L&amp;T</keyword> is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It has operations in over 50 countries.</li><li>Shares of L&amp;T were trading marginally up by 0.06 per cent at ₹ 2,085.65 on <keyword id="35140" type="General" weightage="50" keywordseo="bse" source="Orion">BSE</keyword> in preclose session. </li></ul> <keyword id="147676" type="General" weightage="50" keywordseo="larsen" source="Orion">Larsen</keyword> and Toubro (L&amp;T) on Monday said it has bagged another "large" order in the proposed <keyword id="1025777" type="General" weightage="20" keywordseo="mumbai-ahmedabad" source="Orion">Mumbai-Ahmedabad</keyword> bullet train project from the National High-Speed Rail Corporation. The project involves commissioning of a depot spread over around 82 hectares in Gujarat, L&amp;T said in a filing to exchanges. Though the engineering and construction giant did not reveal the worth of the order, as per the project classification of the company, a large project falls in the range of ₹ 2,500 crore to ₹ 5,000 crore. "The buildings and factories business of L&amp;T Construction has secured an order from the <keyword id="6432751" type="General" weightage="20" keywordseo="national-high-speed-rail-corporation-limited" source="Orion">National High-Speed Rail Corporation Limited</keyword> (NHSRCL) to construct the Sabarmati Depot (MAHSR - D-2) in Gujarat for the (MAHSR project through a consortium led by <keyword id="1137882" type="General" weightage="50" keywordseo="sojitz-corporation" source="Orion">Sojitz Corporation</keyword>, Japan," it said. The scope of the project involves design, supply, construction and testing, and commissioning of the depot spread over approximately 82 hectares including various specialised equipment required to inspect and maintain the rolling stock based on the proven <keyword id="1932907" type="General" weightage="50" keywordseo="shinkansen" source="Orion">Shinkansen</keyword> technology and upon completion, will be the biggest depot in India for this purpose. L&amp;T is already executing civil viaduct and station packages (C4, C5 &amp; C6), special steel bridges packages P4(X) and P4 (Y), and ballastless track works for the bullet train project. L&amp;T is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It has operations in over 50 countries. Shares of L&amp;T were trading marginally up by 0.06 per cent at ₹ 2,085.65 on BSE in preclose session. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-germany-ink-deal-on-comprehensive-migration-and-mobility-partnership/articleshow/96001711.cms">India, Germany ink deal on comprehensive migration and mobility partnership</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/kolkata-hyderabad-and-pune-remain-indias-most-affordable-residential-cities-jll/articleshow/96001910.cms">Kolkata, Hyderabad and Pune remain India’s most affordable residential cities: JLL</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/e-commerce-platform-carousell-lays-off-110-employees-to-reduce-costs/articleshow/95997109.cms">E-commerce platform Carousell lays off 110 employees to reduce costs</a>

L&T bags new large order in Mumbai-Ahmedabad bullet train project

<ul class="summary-list"><li><keyword id="12003323" type="UNKNOWN" weightage="60" keywordseo="mclaren" source="Orion">McLaren</keyword>'s LT cars are a callback to the company's exclusive F1 Longtail supercars from the 1990s.</li><li>The $388,000 <keyword id="14396009" type="UNKNOWN" weightage="60" keywordseo="mclaren-765lt" source="Orion">McLaren 765LT</keyword> has a monstrous 755 horsepower, and I drove it around <keyword id="11897569" type="UNKNOWN" weightage="60" keywordseo="london" source="Orion">London</keyword> recently.</li></ul>Throughout its history, McLaren Automotive has found a way to mix technology, comfort, and otherworldly speed with ease. It allows regular drivers to experience cutting-edge supercar tech and not worry that it'll spit them off the road, unless they opt to turn all the safety systems off and poke it with a stick. The $388,000 McLaren 765LT is a different animal. Even in its most inert setting, it's wild, unhinged, loud, and ridiculous. It belongs on a dry track somewhere hot, without any obstacles or inclement weather. Instead, I drove one in London — and I had things to do.<div type="image" title="McLaren 675LT" height="3294" width="4392" msid="92732022" hostid="261" sizebytes="4061896"></div>McLaren's LT cars are a hark back to its famous Longtail F1 cars from the 1990s. Modern LTs are lighter, more driver focused, less huggy machines than the cars they're based on. The 765LT Spider is a McLaren with the gloves off and barbed wire taped to its forehead.The 765LT has a 4.0-liter, twin-turbocharged V8 engine with 755 horsepower and 590 pound-feet of torque. With the car's seven-speed dual-clutch automatic transmission and rear-wheel drive, you can hit 62 mph from rest in 2.8 seconds. From there, you can hit 124 mph in 7.2 seconds and top out at 205 mph. <div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732025" hostid="261" sizebytes="1579782"></div>The 765LT's signature dihedral doors open upwards, and its roof takes 11 seconds to fold away with the push of a keyfob. McLaren gave me a quick demo and driving lesson before turning the keys over, because it knows the 765LT Spider is a bit of a handful. It was enough to let me know to treat it with caution.On the highway to London, roof down, the car's outrageous purple hue drew eyes. Kids' faces lit up, while parents pretended to be disinterested. Its V8 comes attached to a titanium exhaust system, which makes it sound wonderfully aggressive — find a tunnel and pin the gas pedal to the floor for pops and crackles — but it can be a bit of a drone on the highway.<div type="image" title="McLaren 675LT" height="3984" width="5312" msid="92732027" hostid="261" sizebytes="771208"></div>Riding through the city's lumpy roads, I had the drive mode set to "comfort." Its fixed carbon bucket seats can be a little jarring, since they leave little room for anything other than locking your body in place and keeping your hands on the wheel. The 765LT Spider isn't the most comfortable a McLaren's ever felt, but considering it's as hardcore as they get, it was pleasant. <div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732029" hostid="261" sizebytes="1121762"></div>What I didn't expect was to be able to hear quite so much of the car itself. In order to cut all the extra weight, things like carpets were taken out. The side effect is not only a quicker car, but mechanical noises. You can hear the car's innards do their thing. It's peculiar, but it offers a refreshing honesty.In the city, its 755 horsepower seems a little lost. You can get to the speed limit awfully quick, but the car begs you to take it further — even if pressing on its pedals would result in losing your license in seconds. The LT's automatic transmission is smooth when you ask it to be, both when it's shifting itself and when you're pulling its tactile shift paddles.<div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732031" hostid="261" sizebytes="351772"></div>You'd expect a car like this — one with a wide rear and not too much rear visibility — to be a nightmare to navigate around tight spaces, but it isn't at all. The wing mirrors do a good job, as does the backup camera.A car like the 765LT Spider will probably spend most of its life as it did with me: being paraded through built up areas having its picture taken. But to have it for a short time and not go exploring in the countryside is a crime, so I headed toward the coast. <div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732032" hostid="261" sizebytes="777796"></div>Drive mode set to "Sport" (because "Track" is too rough for the real world), the Spider felt incredible. Nailing the gas caused the car to pick up pace with gusto. The whole car feels light, gliding to ludicrous speeds without issue. However, if you don't treat it with the respect it deserves — like being gentle with its hair-trigger gas pedal — it can catch you unaware. When that happens, the rear wheels skate around.<div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732033" hostid="261" sizebytes="717852"></div>When the speeds get high, you have to handle it with care. If not, it feels like it'll bite rather hard.The brakes, a McLaren strong point, are incredible. That's partly thanks to pedal feel, but also the active. The spoiler slices through the air at high speeds, but when you need to stop in a hurry, it'll lift itself to an angry, almost vertical angle and essentially become a sail.With sport mode engaged, the gearbox and suspension are more ferocious. Lumps and bumps make themselves known. <div type="image" title="McLaren 675LT" height="4000" width="5333" msid="92732034" hostid="261" sizebytes="374434"></div>McLaren nailed the steering feel on the car as well. It's smooth, perfectly weighted, and better than most. You'll likely only find better steering in a Lotus <keyword id="14396011" type="UNKNOWN" weightage="60" keywordseo="race-car" source="Orion">race car</keyword> or track-prepped special. While driving the 765LT, it only tried to bite me once or twice with seemingly little provocation. That is, until I was taking it back to McLaren's headquarters in Woking, Surrey. As I left my house, gently accelerating to the speed limit, the rear decided it would rather be anywhere other than where it was. Had I been too harsh with it? I don't expect so. But a "lesser" McLaren probably wouldn't behave quite like that. <div type="image" title="McLaren 675LT" height="3067" width="4090" msid="92732035" hostid="261" sizebytes="1156724"></div>That brings us to the 765LT Spider's biggest failing, but also its greatest strength: It's meant for a track — or at least a big, wide, warm road with plenty of space. To try and wrangle it in town to show off is a foolish, if fun, endeavor, but less harsh McLarens will be far kinder to regular mortals. The 765LT's ability is beyond almost every road car. It's something truly skilled drivers will make the most out of with ease — and they probably won't do it running to the store for milk.

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