L&T Technology Services Ltd on Wednesday reported a marginal 1.91 percent increase in its net profit at Rs 319.6 crore in September 2024 quarter. The company had reported a net profit of Rs 313.60 crore in the June quarter.
It had reported a net profit of Rs 315.40 crore during the April-June period of preceding 2023-24 fiscal, the company said in an exchange filing.
The total income increased to Rs 2637.9 crore in the reporting period from Rs 2427.7 crore a year ago. Sequentially, it had reported total income of Rs 2524.1 crore in the first quarter of the current fiscal.
The total expenses of the company increased to Rs 2197.1 crore, compared to Rs 991.60 crore a year ago in the same period.
The board of directors have also declared an interim dividend of Rs 17 per equity share to the shareholders.
The company has also fixed record date for the payment of the interim dividend. In an exchange filing, the company said, "The Interim Dividend shall be paid to equity shareholders of the Company whose names will appear in the Register of Members or in the records of the Depositories as Beneficial Owners of Equity shares as on Friday, October 25, 2024, which is the Record Date fixed for the aforesaid purpose."
Shares of the company settled at Rs 5,325, up marginally by 0.12 percent.
(This is a developing story and will be updated soon.)
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