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Larsen & Toubro Infotech zooms on reporting 21% rise in Q2 consolidated net profit
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Larsen & Toubro Infotech is currently trading at Rs. 6737.50, up by 830.50 points or 14.06% from its previous closing of Rs. 5907.00 on the BSE.
The scrip opened at Rs. 6460.00 and has touched a high and low of Rs. 6793.05 and Rs. 6381.00 respectively. So far 116784 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6793.05 on 19-Oct-2021 and a 52 week low of Rs. 2828.10 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 6793.05 and Rs. 5828.45 respectively. The current market cap of the company is Rs. 116355.72 crore.
The promoters holding in the company stood at 74.09%, while Institutions and Non-Institutions held 17.97% and 7.94% respectively.
Larsen & Toubro Infotech has reported results for second quarter ended September 30, 2021.
The company has reported 15.56% rise in its net profit at Rs 496.80 crore for the quarter under review as compared to net profit of Rs 429.90 crore for the same quarter in the previous year. Total income of the company increased by 24.40% at Rs 3535.50 crore for Q2FY22 as compared Rs 2842.10 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 21.05% rise in its net profit attributable to group of Rs 551.50 crore for the quarter under review as against net profit of Rs 455.60 crore for the same quarter in the previous year. Total income of the company increased by 27.78% at Rs 3,878.20 crore for Q2FY22 as compared Rs 3035.10 crore for the corresponding quarter previous year.
