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LTI reports 27% rise in Q2 consolidated net profit

21 Oct 2020 Evaluate

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

The company has reported 10.72% rise in its net profit of Rs 429.80 crore for the quarter under review as against Rs 388.20 crore for the same quarter in the previous year. Total income of the company increased by 11.54% at Rs 2840.30 crore for Q2FY21 as compared Rs 2546.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 26.52% rise in its net profit attributable to shareholders at Rs 455.60 crore for the quarter under review as against Rs 360.10 crore for the same quarter in the previous year. Total income of the company increased by 13.91% at Rs 3035.10 crore for Q2FY21 as compared Rs 2664.40 crore for the corresponding quarter previous year.

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