L&T Technology Services reports 56% rise in Q2 consolidated net profit

26 Oct 2018 Evaluate

L&T Technology Services has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 61.70% in its net profit at Rs 190.00 crore for the quarter under review as compared to Rs 117.50 crore for the same quarter in the previous year. Total income of the company increased by 39.90% at Rs 1,239.50 crore for Q2FY19 as compared Rs 886.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 55.66% in its net profit at Rs 191.00 crore for the quarter under review as compared to Rs 122.70 crore for the same quarter in the previous year. Total consolidated income of the company increased by 39.24% at Rs 1,321.10 crore for Q2FY19 as compared Rs 948.80 crore for the corresponding quarter previous year.

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