L&T Infotech: Q3FY17 results
Bhagyashree Vivarekar / 24 Jan 2017
L&T Infotech Ltd., has reported its results for the quarter ended December 31.
Total sales for this quarter, Q3FY17, have come in at Rs 1666.7 crore. This represents a 4.04% sequential increase and 12.08% YoY increase.
L&T Infotech Ltd., has reported its results for the quarter ended December 31.
Total sales for this quarter, Q3FY17, have come in at Rs 1666.7 crore. This represents a 4.04% sequential increase and 12.08% YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounts to Rs. 254.9 crore; and the EBIT margin stands at 15.29%.
In terms of the bottom-line, the company has reported a PAT figure of Rs 248 crores, which represents a sequential QoQ increase of 6.62% and a YoY increase of 10.47%.
Constant Currency Revenue growth of 3.8% QoQ and 10.3% YoY has been seen.
Employee attrition for the quarter stands at 18.1% vs 18.5% in Q3FY16.
Larsen & Toubro Infotech Ltd., is an India based company which carries on business as a global IT services and solutions provider to the clients. The company has its registered office in the state of Maharashtra.
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