MoneyWorks4Me

LTI reports 17% rise in Q1 consolidated net profit

16 Jul 2020 Evaluate

Larsen & Toubro Infotech (LTI) has reported results for first quarter ended June 30, 2020.

The company has reported 3.98% rise in its net profit of Rs 397.00 crore for the quarter under review as against Rs 381.80 crore for the same quarter in the previous year. Total income of the company increased by 14.93% at Rs 2829.50 crore for Q1FY21 as compared Rs 2461.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 17.09% rise in its net profit attributable to shareholders at Rs 416.60 crore for the quarter under review as against Rs 355.80 crore for the same quarter in the previous year. Total income of the company increased by 16.59% at Rs 3015.00 crore for Q1FY21 as compared Rs 2586.00 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2079.70
Infosys 1013.25
HCL Technologies 1255.15
Wipro 164.50
Tech Mahindra 1560.20
View more..