L&T Infotech Q4 net profit rises 28%; declares final dividend of Rs 25

Revenue for Q4FY21 grew 8.5% at Rs 3,269 cr

L&T Infotech, the IT services arm of the L&T conglomerate, reported net profit of Rs 546 crore for the fourth quarter ended March 31, 2021, up 27.6 per cent year-on-year and was up 5 per cent sequentially. 

Revenue for Q4FY21 grew 8.5 per cent at Rs 3,269.4 crore on a y-o-y basis and was up 3.7 per cent q-o-q. 

“Supported by a strong Q4, FY21 was another year of market leading growth. In Q4, we also won two large deals with net new TCV of $66 million, culminating into a record large deal TCV for FY21. Our superior performance is a result