Larsen & Toubro Infotech standalone net profit rises 15.40% in the March 2020 quarter

Larsen & Toubro Infotech standalone net profit rises 15.40% in the March 2020 quarter

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Sales rise 21.08% to Rs 2825.10 crore

Net profit of Larsen & Toubro Infotech rose 15.40% to Rs 415.90 crore in the quarter ended March 2020 as against Rs 360.40 crore during the previous quarter ended March 2019. Sales rose 21.08% to Rs 2825.10 crore in the quarter ended March 2020 as against Rs 2333.30 crore during the previous quarter ended March 2019.

For the full year,net profit rose 5.24% to Rs 1552.40 crore in the year ended March 2020 as against Rs 1475.10 crore during the previous year ended March 2019. Sales rose 14.34% to Rs 10184.20 crore in the year ended March 2020 as against Rs 8907.20 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2825.102333.30 21 10184.208907.20 14 OPM %18.9318.57 -18.3219.35 - PBDT587.90501.70 17 2215.402047.80 8 PBT530.20478.70 11 2007.001959.70 2 NP415.90360.40 15 1552.401475.10 5

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First Published: Tue, May 19 2020. 19:33 IST