Larsen & Toubro InfoTech reports 31% rise in Q4 consolidated net profit
4th May 2019

Larsen & Toubro InfoTech has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 12.24% in its net profit at Rs 360.40 crore for the quarter ended March 31, 2019 as compared to Rs 321.10 crore for the same quarter in the previous year. Total income of the company increased by 18.02% at Rs 2,402.60 crore for quarter under review as compared to Rs 2,035.70 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported rise of 30.79% in its net profit at Rs 378.50 crore for the quarter ended March 31, 2019 as compared to Rs 289.40 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 20.54% at Rs 2,553.40 crore for quarter under review as compared to Rs 2,118.30 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 27.15% in its net profit at Rs 1,475.10 crore as compared to Rs 1,160.10 crore for the previous year. Total income of company increased 24.28% at Rs 9,236.20 crore for year under review as compared to Rs 7,431.80 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 36.24% in its net profit at Rs 1,515.50 crore as compared to Rs 1,112.40 crore for the previous year. Total income of company increased by 26.06% at Rs 9,748.10 crore for year under review as compared to Rs 7,732.60 crore for year ended March 31, 2018.