BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Axis Securities Report
L&T Infotech Ltd. reported better-than-expected Q4 FY22 results.
The company reported revenue of Rs 4,302 crore (below our expectations) and registered a growth of 4% quarter-on-quarter in CC terms.
In line with the revenue growth, operating profit posted a growth of 1.8% QoQ and stood at Rs 846 crore.
The company's Operating Margins declined 40 basis points quarter-on-quarter to 19.7% led by strong volume growth and its superior service mix.
Net income for Q4 FY22 stood at Rs 638 crore, registering a growth of 4.1% QoQ.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR