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L&T Technology Services reports 13% rise in Q3 consolidated net profit

16 Jan 2024 Evaluate

L&T Technology Services has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 14.28% rise in net profit at Rs 321.00 crore for the quarter ended December 31, 2023 as compared to Rs 280.90 crore for the same quarter in the previous year. Total income of the company increased by 10.82% at Rs 2211.50 crore for Q3FY24 as compared Rs 1995.50 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 12.94% rise in its net profit at Rs 336.80 crore for Q3FY24 as compared to Rs 298.20 crore for the same quarter in the previous year. Total income of the company increased by 11.37% at Rs 2484.20 crore for Q3FY24 as compared Rs 2230.50 crore for corresponding quarter of the previous year.

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