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L&T Technology Services reports 18% rise in Q4 consolidated net profit

26 Apr 2023 Evaluate

L&T Technology Services has reported results for fourth quarter (Q4) and year ended March 31, 2023.

L&T Technology Services has reported 20.71% rise in its net profit at Rs 292.00 crore for the quarter under review as compared to Rs 241.90 crore for the same quarter in the previous year. Total income of the company increased by 21.17% at Rs 1926.60 crore for Q4FY23 as compared to Rs 1590.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 18.12% in its net profit at Rs 310.90 crore for fourth quarter ended March 31, 2023 as compared to Rs 263.20 crore for the same quarter in the previous year. Total income of the company increased by 19.35% at Rs 2146.00 crore for Q4FY23 as compared to Rs 1798.00 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 20.89% rise in its net profit at Rs 1110.40 crore as compared to Rs 918.50 crore for the previous year. Total income of the company increased by 21.34% at Rs 7313.80 crore for year under review as compared to Rs 6027.40 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 22.23% in its net profit at Rs 1174.10 crore as compared to Rs 960.60 crore for the previous year. Total income of the company increased by 22.31% at Rs 8221.60 crore for year under review as compared to Rs 6722.10 crore for year ended March 31, 2022.

L&T Technology Serv. Share Price

3488.50 39.50 (1.15%)
17-Apr-2026 16:59 View Price Chart
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