Net income in the three months ended Dec. 31 climbed 40 percent to 4.82 billion rupees ($122 million), or 16.21 rupees a share, from 3.44 billion rupees, or 11.24 rupees, a year earlier, Mumbai-based Larsen said in a statement today. Six analysts in a Bloomberg News survey had a median estimate of 4.46 billion rupees. Sales rose 55 percent to 63.8 billion rupees.
Larsen & Toubro Infotech Ltd (L&T Infotech) is a leading Indian company providing Information Technology consulting and Software Services & solutions. It is a 100% subsidiary of the one of Asia's largest organizations, Larsen & Toubro Limited.
L&T Infotech is among the first few software companies in India to be awarded the ISO 9001:2000 certification. It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization. It has been assessed at PCMM Level 5, ver-2.0 across all its centers. The Customer Competence Center (CCC), set up and managed by the SAP Practice of L&T Infotech, has received the CCC certification from SAP.
The draconian ferocity of aggressive wars continues as we watch the unwarranted aggressive events unfolding against Iran in the Persian Gulf Region. One sees a contrast between a real issue and an imaginative problem
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