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Larsen & Toubro Infotech surges 6% on healthy September quarter results

The board declared first interim dividend for the financial year 2020-21 of Rs 15 per share of face value of Re 1 each

The company also won large deal with net new TCV in excess of US$40 million in analytics
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The company also won large deal with net new TCV in excess of US$40 million in analytics

SI Reporter Mumbai
Shares of Larsen & Toubro Infotech (LTI) were up 6 per cent to Rs 3,139 on the BSE in the intra-day trade on Wednesday after the company reported strong revenue growth numbers and healthy margin expansion in July-September quarter (Q2FY21). Besides, the board also declared first interim dividend for the financial year 2020-21 of Rs 15 per share of face value of Re 1 each. The company has already fixed October 28, 2020 as record date for the same.

In Q2FY21, LTI's constant currency dollar revenues increased 2.3 per cent quarter on quarter (QoQ), higher than analyst estimate of 1.1 per

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First Published: Oct 21 2020 | 12:10 PM IST

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