Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
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.
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