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LTI reports marginal rise in Q3 consolidated net profit

15 Jan 2020 Evaluate

Larsen & Toubro Infotech (LTI) has reported results for third quarter ended December 31, 2019.

The company has reported marginal rise of 1.05% in its net profit at Rs 366.50 crore for the quarter under review as compared to Rs 362.70 crore for the same quarter in the previous year. Total income of the company increased by 13.97% at Rs 2,700.10 crore for Q3FY20 as compared Rs 2,369.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported marginal rise of 0.32% in its net profit at Rs 376.70 crore for the quarter under review as compared to Rs 375.50 crore for the same quarter in the previous year. Total income of the company increased by 14.84% at Rs 2,875.30 crore for Q3FY20 as compared Rs 2,503.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2445.05
Infosys 1129.00
HCL Technologies 1415.35
Wipro 194.55
Tech Mahindra 1766.20
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