IT firm Larsen & Toubro Infotech on Tuesday reported a 16.8 percent increase in consolidated profit at Rs 637.5 crore in the quarter ended March.
The company recorded a consolidated profit of Rs 545.2 crore in the same period a year ago.
Operating income increased by 31.57 percent to Rs 4,301.6 crore during the reported quarter. The same stood at Rs 3,269.4 crore in the period from a year ago.
For the year ended March 31, 2022, L&T Infotech posted an 18.63 percent increase in consolidated profit at Rs 2,296.8 crore. In the period of a year ago, it was Rs 1,936.1 crore.
The company’s annual income grew by 26.66 percent to Rs 15,668.7 crore in the last fiscal year, compared to Rs 12,369.8 crore in 2020-21.