LTIMindtree Ltd.
97.50 (1.55%) LTI reports marginal fall of 2% in Q1 consolidated net profit
Date: 19-07-2019Larsen & Toubro Infotech (LTI) has reported results for first quarter ended June 30, 2019.
The company has reported a rise of 9.93% in its net profit at Rs 381.80 crore for the quarter under review as compared to Rs 347.30 crore for the same quarter in the previous year. Total income of the company increased by 15.25% at Rs 2,461.90 crore for Q1FY20 as compared Rs 2,136.20 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a marginal fall of 1.52% in its net profit at Rs 355.70 crore for the quarter under review as compared to Rs 361.20 crore for the same quarter in the previous year. However, total income of the company increased by 14.28% at Rs 2,586.00 crore for Q1FY20 as compared Rs 2,262.80 crore for the corresponding quarter previous year.