L&T Infotech Q2 net profit rises 21% to Rs 552 cr, revenue up 26%

'We report the strongest sequential revenue growth and best ever Q2 of 8.9% in constant currency terms,' says company CEO

LTI (Larsen & Toubro Infotech) on Monday reported net profit of Rs 552 crore for the second quarter ended September 30, 2021, up 21 per cent year-on-year and 11 per cent sequentially.

Strong demand led to revenue at Rs 3,767 crore, up 25.6 per cent yoy and 8.8 per cent sequentially. The management said that this was the strongest sequential growth the company has witnessed, taking its annual revenue run rate to cross $2 billion.

“We report the strongest sequential revenue growth and best ever Q2 of 8.9% in constant currency terms. As we cross the $2 billion annual revenue