Stock Report

L and T Technology Services Ltd posts higher consolidated Q1 FY2023 net profit of Rs. 274.2 crores



Posted On : 2022-07-15 16:02:26( TIMEZONE : IST )

L and T Technology Services Ltd posts higher consolidated Q1 FY2023 net profit of Rs. 274.2 crores

L&T Technology Services Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1918.5 crores during the period ended June 30, 2022 as compared to Rs. 1798 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 274.2 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 262 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 25.95 for the period ended June 30, 2022 as compared to Rs. 24.78 for the period ended March 31, 2022.

Financials Q1 FY2023 Q4 FY2022 % Change
Total Income ₹ 1918.5 crs ₹1798 crs Up Tick / Down Tick6.70%
Net Profit ₹274.2 crs ₹262 crs Up Tick / Down Tick4.66%
EPS ₹25.95 ₹24.78 Up Tick / Down Tick4.72%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1918.5 crores during the period ended June 30, 2022 as compared to Rs.1562.6 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.274.2 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.216.2 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.25.95 for the period ended June 30, 2022 as compared to Rs.20.44 for the period ended June 30, 2021.

Financials Q1 FY2023 Q1 FY2022 % Change
Total Income ₹ 1918.5 crs ₹1562.6 crs Up Tick / Down Tick22.78%
Net Profit ₹274.2 crs ₹216.2 crs Up Tick / Down Tick26.83%
EPS ₹25.95 ₹20.44 Up Tick / Down Tick26.96%

Shares of L&T Technology Services Limited was last trading in BSE at Rs. 3049.45 as compared to the previous close of Rs. 3102.95. The total number of shares traded during the day was 23122 in over 4737 trades.

The stock hit an intraday high of Rs. 3139.90 and intraday low of 3021.80. The net turnover during the day was Rs. 70952595.00.

Source : Equity Bulls

Keywords

LTTS Q1FY23 ResultUpdate LandTTechnologyServices