MoneyWorks4Me

Larsen & Toubro Infotech reports 17% rise in Q4 consolidated net profit

20 Apr 2022 Evaluate

Larsen & Toubro Infotech has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 28.34% in its net profit at Rs 599.20 crore for the quarter under review as compared to Rs 466.90 crore for the same quarter in the previous year. Total income of the company increased by 33.24% at Rs 4,102.90 crore for Q4FY22 as compared Rs 3,079.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 16.82% in its net profit at Rs 637.50 crore for the quarter under review as compared to Rs 545.70 crore for the same quarter in the previous year. Total income of the company increased by 31.53% at Rs 4,435.60 crore for Q4FY22 as compared Rs 3,372.40 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 26.42% in its net profit at Rs 2,260.90 crore as compared to Rs 1,788.40 crore for the previous year. Total income of the company increased by 27.17% at Rs 14,995.50 crore for year under review as compared to Rs 11,791.50 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 18.59% in its net profit at Rs 2,298.50 crore as compared to Rs 1,938.20 crore for the previous year. Total income of the company increased by 27.61% at Rs 16,135.40 crore for year under review as compared to Rs 12,644.20 crore for year ended March 31, 2021.

Peers
Company Name CMP
TCS 2302.00
Infosys 1088.90
HCL Technologies 1329.00
Wipro 171.00
Tech Mahindra 1576.00
View more..