LTIMindtree Ltd.

BSE: 540005 | NSE: LTIM
Large Cap | IT - Software
6307.75
277.90 (4.61%)
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LTI soars on reporting 35% rise in Q1 consolidated net profit

Date: 24-07-2018

Larsen & Toubro Infotech is currently trading at Rs. 1801.45, up by 77.05 points or 4.47% from its previous closing of Rs. 1724.40 on the BSE.

The scrip opened at Rs. 1807.00 and has touched a high and low of Rs. 1864.10 and Rs. 1759.40 respectively. So far 82959 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1884.95 on 18-Jul-2018 and a 52 week low of Rs. 724.75 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 1,884.95 and Rs. 1,648.10 respectively. The current market cap of the company is Rs. 30971.77 crore.

The promoters holding in the company stood at 81.54%, while Institutions and Non-Institutions held 10.74% and 7.72% respectively.

Larsen & Toubro Infotech (LTI) has reported a rise of 21.99% in its net profit at Rs 347.30 crore for the quarter ended June 30, 2018, as compared to Rs 284.70 crore for the same quarter in the previous year. Total income of the company increased by 23.33% at Rs 2136.20 crore for Q1FY19 as compared Rs 1732.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 35.22% in its net profit at Rs 361.30 crore for the quarter under review as compared to Rs 267.20 crore for the same quarter in the previous year. Total income of the company increased by 26.94% at Rs 2262.80 crore for Q1FY19 as compared Rs 1782.60 crore for the corresponding quarter previous year.