Larsen & Toubro Infotech Q3 results: Net profit jumps 37% on higher revenues, margins

Larsen & Toubro Infotech on Tuesday reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion.

The IT arm of engineering major L&T had posted a net profit of Rs 376.7 crore in the year-ago period.

It reported a 12 per cent increase in revenues to Rs 3,152.8 crore for the quarter as against Rs 2,811 crore a year ago. Compared to the preceding September quarter, the revenues were up nearly 6 per cent.