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Tuesday, December 24, 2024 | 04:34 AM ISTEN Hindi

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L&T Infotech's consolidated net profit rises 13% YoY to Rs 427.5 cr in Q4

Revenue of the Mumbai-headquartered IT services firm rose 21.2 per cent year-on-year to Rs 3,011.9 crore during this period.

larsen and toubro, L&T
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The board has also recommended a final dividend of Rs.15.5 per share, subject to approval at the annual general meeting.

Sai Ishwar Mumbai
Larsen & Toubro Infotech (LTI)'s consolidated net profit for the quarter ended March 2020 (Q4FY20) rose 13 per cent year-on-year to Rs 427.5 crore. It rose 13.5 per cent on a sequential basis.

Revenue of the Mumbai-headquartered IT services firm rose 21.2 per cent year-on-year to Rs 3,011.9 crore during this period.

The numbers rose 7.1 per cent sequentially. Revenues were at $409.9 million, a 4.7 per cent gain in constant currency terms on a quarter-on-quarter basis. Operating margin of the Larsen & Toubro group company expanded 50 basis points sequentially to 16.7 per cent in Q4FY20. The mid-tier

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