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Larsen & Toubro Infotech reports 37% rise in Q3 consolidated net profit

20 Jan 2021 Evaluate

Larsen & Toubro Infotech has reported results for third quarter ended December 31, 2020.

The company has reported a rise of 34.84% in its net profit at Rs 494.20 crore for the quarter under review as compared to Rs 366.50 crore for the same quarter in the previous year. Total income of the company increased by 12.54% at Rs 3,038.70 crore for Q3FY21 as compared Rs 2,700.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.48% in its net profit attributed to shareholders at Rs 518.70 crore for the quarter under review as compared to Rs 377.30 crore for the same quarter in the previous year. Total income of the company increased by 12.05% at Rs 3,221.70 crore for Q3FY21 as compared Rs 2,875.30 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2085.20
Infosys 1015.25
HCL Technologies 1258.70
Wipro 164.25
Tech Mahindra 1568.40
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