LTI Dividend 2020: L&T InfoTech Record Date, Payment Date, History & Latest News

L&T InfoTech Dividend 2020: LTI Dividend Record Date, History, Payment Date, Payment Date, Payout Date, dividend history, Interim & Final Dividend per share

L&T Infotech net rises 26.7%, announces interim dividend of Rs 15 a share.

L&T Infotech Ltd (LTI) Q2 results reflect the impact of a good deal wins. The firm’s second quarter revenue, rising about 2.3% sequentially in terms of constant currency, was well ahead of the Street’s estimates. Even after a sharp run-up of 77% in 2020, the stock continued its upward march on Wednesday and advanced 4.5%.

Mid-size IT services firm Larsen & Toubro Infotech (LTI) reported a net profit of Rs 456.8 crore, up 26.7 per cent year-on-year (YoY) and 9.7 per cent on a sequential basis, the company said in an exchange filing.

Revenue of the Mumbai-headquartered IT services firm rose 16.6 per cent year-on-year to Rs 2,998.4 crore during the period under review. The revenue, too, rose 1.7 per cent on a quarter-on-quarter basis. The outperformance comes on the back of improvement in business, financial services and insurance (BFSI), and manufacturing verticals.

The board also declared an interim dividend of Rs 15 per equity share and fixed October 28 as the record date.

Also Check:- Latest Dividend Paying Stocks

L&T InfoTech (LTI) Dividend declared

You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for L&T Infotech.

Announcement Record Date Dividend Type Dividend % Dividend Price
13/10/2020 27/10/2020 Interim 1500 % Rs. 15 / share
19/05/2020 09/07/2020 Final 1550 % Rs. 15.50 / share
10/10/2019 24/10/2019 Interim 1250 % Rs. 12.50 / share
02/05/2019 11/07/2019 Final 1550 % Rs. 15.50 / share
05/10/2018 31/10/2018 Interim 1250 % Rs. 12.50 / share

Latest Dividends 2020

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