Larsen & Toubro Infotech Limited on Tuesday reported a net income of Rs 637.5 cr for the quarter ended 31 March 2022. It was up 4.1 per cent Quarter-on-Quarter (QoQ) and 16.8 per cent on the Year-on-Year (YoY). The revenues at Rs 4301.60 cr were up at 4.0 per cent QoQ and 31.6 per cent YoY, the company informed in its filing to the exchanges.

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See Key Highlights Here:

LTI Q4FY22 results:

In US Dollars:

▪ Revenue at USD 570.4 million; growth of 3.1% QoQ and 27.5% YoY

▪ Constant Currency Revenue growth of 3.6% QoQ and 29.0% YoY

Full year FY22 In US Dollars:

▪ Revenue at USD 2,102.5 million; growth of 25.9% YoY

▪ Constant Currency Revenue growth of 25.8% YoY

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In Indian Rupees:

▪ Revenue at INR 156,687 million; growth at 26.7% YoY

▪ Net Income at INR 22,985 million; Net Income growth at 18.6% YoY

Capital Return  

Final Dividend of Rs 30 per share

Dividend pay-out ratio of 41.9% for the year

ROE of 28.5% for the year

“We are delighted to cross the USD 2 billion revenue milestone with record growth of 26% in FY22, our strongest since listing. Our growth has been broad-based across verticals, service lines, client buckets and geographies. The year has seen the highest new client openings and net headcount additions. In Q4 FY22, we won 4 large deals with net new TCV of over USD 80 million. Our deal pipeline continues to be robust, and we remain confident of maintaining industry leading growth in the coming year as well,” Sanjay Jalona, Chief Executive Officer & Managing Director said.