L&T Technology Services Ltd.

L&T Technology Services has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 38.88% in its net profit at Rs 144.30 crore for the quarter under review as compared to Rs 103.90 crore for the same quarter in the previous year. Total income of the company increased by 36.07% at Rs 1098.50 crore for Q1FY19 as compared Rs 807.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 198.10 crore for the quarter under review as compared to Rs 98.00 crore for the same quarter in the previous year. Total income of the company increased by 47.31% at Rs 1,250.40 crore for Q1FY19 as compared Rs 848.80 crore for the corresponding quarter previous year.