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L&T Tech shares jump 20 pc post Q3 results

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Press Trust of India New Delhi
Last Updated : Jan 24 2018 | 4:30 PM IST
Shares of tech firm L&T Technology Services (LTTS) today soared 20 per cent after the company reported a 16.1 per cent increase in consolidated net profit for the December 2017 quarter.
The stock jumped 20 per cent to end at Rs 1,216.55 on BSE.
On NSE, shares of the company soared 19.99 per cent to close at Rs 1,211.90.
L&T Technology Services yesterday reported 16.1 per cent increase in its consolidated net profit to Rs 126.3 crore for the December 2017 quarter.
The company had registered a profit of Rs 108.7 crore in the year-ago period.
Revenue was up 19.6 per cent to Rs 969.1 crore in the reported quarter from Rs 810.4 crore in the same quarter last fiscal.

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First Published: Jan 24 2018 | 4:30 PM IST

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