L&T Technology Services consolidated net profit declines 11.55% in the March 2017 quarter

Sales rise 1.36% to Rs 812.30 crore

Net profit of L&T Technology Services declined 11.55% to Rs 96.50 crore in the quarter ended March 2017 as against Rs 109.10 crore during the previous quarter ended March 2016. Sales rose 1.36% to Rs 812.30 crore in the quarter ended March 2017 as against Rs 801.40 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1.53% to Rs 425.00 crore in the year ended March 2017 as against Rs 418.60 crore during the previous year ended March 2016. Sales rose 5.94% to Rs 3248.30 crore in the year ended March 2017 as against Rs 3066.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales812.30801.40 1 3248.303066.20 6 OPM %16.4718.14 -18.0016.94 - PBDT137.30155.90 -12 641.70601.40 7 PBT122.60138.00 -11 579.20542.50 7 NP96.50109.10 -12 425.00418.60 2

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