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Larsen & Toubro Infotech reports 28% rise in Q1 consolidated net profit

Date: 14-07-2022

Larsen & Toubro Infotech has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 4.10% in its net profit at Rs 599.30 crore for the quarter under review as compared to Rs 575.70 crore for the same quarter in the previous year. Total income of the company increased by 27.07% at Rs 4,338.30 crore for Q1FY23 as compared Rs 3,414.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 27.70% in its net profit at Rs 634.40 crore for the quarter under review as compared to Rs 496.80 crore for the same quarter in the previous year. Total income of the company increased by 30.21% at Rs 4,666.90 crore for Q1FY23 as compared Rs 3,584.10 crore for the corresponding quarter previous year.