L&T Technology Services consolidated net profit declines 5.03% in the March 2021 quarter

Sales decline 0.42% to Rs 1440.50 crore

Net profit of L&T Technology Services declined 5.03% to Rs 194.50 crore in the quarter ended March 2021 as against Rs 204.80 crore during the previous quarter ended March 2020. Sales declined 0.42% to Rs 1440.50 crore in the quarter ended March 2021 as against Rs 1446.60 crore during the previous quarter ended March 2020.

For the full year,net profit declined 18.97% to Rs 663.30 crore in the year ended March 2021 as against Rs 818.60 crore during the previous year ended March 2020. Sales declined 3.01% to Rs 5449.70 crore in the year ended March 2021 as against Rs 5619.10 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1440.501446.60 0 5449.705619.10 -3 OPM %20.3518.55 -18.4919.76 - PBDT315.20320.30 -2 1115.601283.10 -13 PBT261.20271.80 -4 897.301100.20 -18 NP194.50204.80 -5 663.30818.60 -19

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