LTIMindtree Ltd.

BSE: 540005 | NSE: LTIM
Large Cap | IT - Software
6405.25
97.50 (1.55%)
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LTI slips on reporting marginal fall of 2% in Q1 consolidated net profit

Date: 19-07-2019

Larsen & Toubro Infotech is currently trading at Rs. 1518.20, down by 59.35 points or 3.76% from its previous closing of Rs. 1577.55 on the BSE.

The scrip opened at Rs. 1580.00 and has touched a high and low of Rs. 1580.00 and Rs. 1500.00 respectively. So far 12568 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1990.00 on 10-Sep-2018 and a 52 week low of Rs. 1438.25 on 10-Dec-2018.

Last one week high and low of the scrip stood at Rs. 1673.85 and Rs. 1500.00 respectively. The current market cap of the company is Rs. 26307.02 crore.

The promoters holding in the company stood at 74.79%, while Institutions and Non-Institutions held 14.90% and 10.31% respectively.

Larsen & Toubro Infotech (LTI) has reported a rise of 9.93% in its net profit at Rs 381.80 crore for the quarter ended June 30, 2019 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 ended June 30, 2019 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.