L&T Technology Services standalone net profit declines 18.19% in the March 2017 quarter

Sales rise 3.68% to Rs 778.30 crore

Net profit of L&T Technology Services declined 18.19% to Rs 93.10 crore in the quarter ended March 2017 as against Rs 113.80 crore during the previous quarter ended March 2016. Sales rose 3.68% to Rs 778.30 crore in the quarter ended March 2017 as against Rs 750.70 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.91% to Rs 449.00 crore in the year ended March 2017 as against Rs 436.30 crore during the previous year ended March 2016. Sales rose 7.56% to Rs 3112.50 crore in the year ended March 2017 as against Rs 2893.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales778.30750.70 4 3112.502893.70 8 OPM %16.7419.73 -19.3518.43 - PBDT132.60158.60 -16 657.10613.50 7 PBT119.20141.90 -16 599.60559.40 7 NP93.10113.80 -18 449.00436.30 3

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