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Home Currency Services

Profit grows 2% to Rs 310 crore, dividend of Rs 30 per share announced

currencycoach by currencycoach
April 26, 2023
in Currency Services
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Profit grows 2% to Rs 310 crore, dividend of Rs 30 per share announced
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Revenue in dollar terms increased by 2.9 percent QoQ to $255.1 million and the same in constant currency grew 2.2 percent, which came in a tad above CNBC-TV18 poll estimates that pegged them at 1.8 percent and 2.4 percent growth, respectively.

L&T Technology Services on April 26 has recorded around 2 percent sequential growth in consolidated profit at Rs 309.6 crore for the quarter ended March FY23, meeting analysts’ expectations.

Revenue from operations for the quarter at Rs 2,096.2 crore increased by 2.3 percent over the previous quarter.

Revenue in dollar terms increased by 2.9 percent QoQ to $255.1 million and the same in constant currency grew 2.2 percent, which came in a tad above CNBC-TV18 poll estimates that pegged them at 1.8 percent and 2.4 percent growth, respectively.

L&T Technology has announced a final dividend of Rs 30 per share for the financial year 2022-23.

More to come….




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