L&T Infotech’s Mac Quarter Profit Sees 17% Increase -By ASC

Larsen & Toubro Infotech has reported a 16.8 percent increase in consolidated profit for the March quarter

New Delhi:

IT company Larsen & Toubro Infotech on Tuesday reported a 16.8 per cent increase in consolidated profit at Rs 637.5 crore in the quarter ended March.

The company has recorded a consolidated profit of Rs 545.2 crore in the same period a year ago.

Revenue from operations increased 31.57 per cent to Rs 4,301.6 crore in the reported quarter. The same amount amounted to Rs 3,269.4 crore in the last year period.

For the year ended March 31, 2022, L&T Infotech recorded an 18.63 per cent increase in consolidated profit of Rs 2,296.8 crore. During the last year, it was at Rs 1,936.1 crore.

The company’s annual revenue from operations increased 26.66 per cent to Rs 15,668.7 crore in the last fiscal compared to Rs 12,369.8 crore in 2020-21.


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