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L&T Technology Services’ consolidated net profit remains flat in Q4FY24
Apr-25-2024

L&T Technology Services has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 2.05% rise in its net profit at Rs 329.30 crore for the quarter under review as compared to Rs 322.70 crore for the same quarter in the previous year. Total income of the company increased by 9.03% at Rs 2,400.80 crore for Q4FY24 as compared Rs 2,201.90 crore for the corresponding quarter previous year. 

On consolidated basis, the company’s Year-on-Year net profit remained flat at Rs 341 crore for the quarter ended 31 March, 2024. Total income of the company increased by 7.13% at Rs 2,593.50 crore for Q4FY24 as compared Rs 2,421 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 9.13% rise in its net profit at Rs 1258.5 crore as compared to Rs 1153.2 crore for the previous year. Total income of the company increased by 9.50% at Rs 8,882.00 crore for year under review as compared to Rs 8,111.70 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 7.39% rise in its net profit at Rs 1306.30 crore as compared to Rs 1216.40 crore for the previous year. Total income of the company increased by 9.27% at Rs 9,854.60 crore for year under review as compared to Rs 9,018.80 crore for year ended March 31, 2023.


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