L&T Technology Services standalone net profit rises 59.40% in the March 2018 quarter

Sales rise 25.85% to Rs 979.50 crore

Net profit of L&T Technology Services rose 59.40% to Rs 148.40 crore in the quarter ended March 2018 as against Rs 93.10 crore during the previous quarter ended March 2017. Sales rose 25.85% to Rs 979.50 crore in the quarter ended March 2018 as against Rs 778.30 crore during the previous quarter ended March 2017.

For the full year,net profit rose 9.00% to Rs 489.40 crore in the year ended March 2018 as against Rs 449.00 crore during the previous year ended March 2017. Sales rose 12.66% to Rs 3506.60 crore in the year ended March 2018 as against Rs 3112.50 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales979.50778.30 26 3506.603112.50 13 OPM %15.4716.87 -15.7119.38 - PBDT222.90132.60 68 738.70657.10 12 PBT204.90119.20 72 681.10599.60 14 NP148.4093.10 59 489.40449.00 9

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