Companies

L&T Infotech Q3 net profit rises marginally to Rs 377 crore

PTI New Delhi | Updated on January 15, 2020 Published on January 15, 2020

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L&T Infotech (LTI) on Wednesday reported a marginal rise in its net profit at Rs 376.7 crore for the quarter ended December 31, 2019.

The company had clocked a consolidated net profit after tax of Rs 375.5 crore in the year-ago period, L&T Infotech said in a filing to Bombay Stock Exchange (BSE).

The consolidated income of the IT firm during October-December quarter increased to Rs 2,875.3 crore over Rs 2,503.8 crore in the year-ago period, the company said.

The consolidated total expenses increased to Rs 2,375.5 crore during the quarter, against Rs 2,001.5 crore in the year-ago period.

The shares of L&T Infotech were trading at Rs 1,906.00 a piece in afternoon trade on the BSE.

Published on January 15, 2020
L&T Technology Services Ltd
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