LTIMindtree Ltd.
97.50 (1.55%) LTI reports 10% fall in Q2 consolidated net profit
Date: 18-10-2019Larsen & Toubro Infotech (LTI) has reported results for second quarter ended September 30, 2019.
The company has reported 4.08% fall in its net profit at Rs 388.20 crore for the quarter under review as compared to Rs 404.70 crore for the same quarter in the previous year. However, total income of the company increased by 9.37% at Rs 2546.40 crore for Q2FY20 as compared Rs 2328.30 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 9.97% in its net profit at Rs 360.40 crore for the quarter under review as compared to Rs 400.30 crore for the same quarter in the previous year. However, total income of the company increased by 9.73% at Rs 2664.40 crore for Q2FY20 as compared Rs 2428.10 crore for the corresponding quarter previous year.