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L&T Technology Services reports marginal rise in Q1 consolidated net profit

18 Jul 2024 Evaluate

L&T Technology Services has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 4.27% rise in its net profit at Rs 312.60 crore for the quarter ended June 30, 2024 as compared to Rs 299.80 crore for the same quarter in the previous year. Total income of the company increased by 10.42% at Rs 2309.90 crore for Q1FY25 as compared to Rs 2091.90 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 0.58% rise in net profit at Rs 313.90 crore for Q1FY25 as compared to Rs 312.10 crore for the same quarter in the previous year. Total income of the company increased by 7.45% at Rs 2524.10 crore for Q1FY25 as compared to Rs 2349.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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