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L&T Technology Services reports 23% rise in Q2 consolidated net profit

19 Oct 2022 Evaluate

L&T Technology Services has reported results for second quarter ended September 30, 2022.

The company has reported rise of 19.24% in its net profit at Rs 268.40 crore for Q2FY23 as compared to Rs 225.10 crore for the corresponding quarter previous year. Total income of the company increased by 22.21% to Rs 1,805.00 crore for the quarter under review as compared to Rs 1,477.00 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 22.70% in its net profit at Rs 283.20 crore for the quarter under review as compared to Rs 230.80 crore for the same quarter in the previous year. Total income of the company increased by 24.27% to Rs 2,034.30 crore for the quarter under review as compared to Rs 1,637.00 crore for the same quarter in the previous year.

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