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L&T Technology Services reports 11% rise in Q3 consolidated net profit

18 Jan 2020 Evaluate

L&T Technology Services has reported results for third quarter ended December 31, 2019.

The company has reported 9.74% rise in its net profit at Rs 198.30 crore for the quarter under review as compared to Rs 180.70 crore for the same quarter in the previous year. Total income of the company increased by 8.91% at Rs 1362.70 crore for Q3FY20 as compared Rs 1251.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 10.59% in its net profit at Rs 205.80 crore for the quarter under review as compared to Rs 186.10 crore for the same quarter in the previous year. Total income of the company increased by 8.46% at Rs 1467.20 crore for Q3FY20 as compared Rs 1352.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2092.85
Infosys 1014.20
HCL Technologies 1254.00
Wipro 165.15
Tech Mahindra 1566.85
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