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

File photo

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.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 15, 2020
This article is closed for comments.
Please Email the Editor