L&T Technology Services Ltd.
-21.80 (-0.65%) L&T Technology Services reports 20% fall in Q2 consolidated net profit
Date: 20-10-2020L&T Technology Services has reported results for second quarter ended September 30, 2020.
The company has reported 11.87% fall in its net profit of Rs 178.90 crore for the quarter under review as against net profit of Rs 203.00 crore for the same quarter in the previous year. Total income of the company decreased by 4.42% at Rs 1283.80 crore for Q2FY21 as compared Rs 1343.10 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 19.58% fall in its net profit attributable to shareholders at Rs 165.50 crore for the quarter under review as against net profit of Rs 205.80 crore for the same quarter in the previous year. Total income of the company decreased by 5.42% at Rs 1370.40 crore for Q2FY21 as compared Rs 1449.00 crore for the corresponding quarter previous year.