LTIMindtree Ltd.

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Larsen & Toubro Infotech reports 19% rise in Q1 consolidated net profit

Date: 16-07-2021

Larsen & Toubro Infotech has reported results for first quarter ended June 30, 2021.

The company has reported 45.04% rise in its net profit of Rs 575.80 crore for the quarter under review as compared to net profit of Rs 397.00 crore for the same quarter in the previous year. Total income of the company increased by 20.66% at Rs 3414.20 crore for Q1FY22 as compared Rs 2829.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 19.13% rise in its net profit attributable to shareholders of Rs 496.30 crore for the quarter under review as against net profit of Rs 416.60 crore for the same quarter in the previous year. Total income of the company increased by 18.88% at Rs 3584.10 crore for Q1FY22 as compared Rs 3015.00 crore for the corresponding quarter previous year.