The Board of Directors of Larsen & Toubro Infotech Ltd (LTI) at its meeting held on 4 May 2021, has declared Final Dividend of Rs 25 per equity share. The Board meeting commenced at 04:00 p.m. and concluded at 06:15 p.m.
Larsen & Toubro Infotech Ltd Q4 Result
The company reported a 27.6 per cent rise in consolidated net profit to Rs 545.7 crore for the quarter ended March 2021 against a net profit of Rs 427.5 crore in the same period a year ago. Further, revenue from operations grew 8.5 per cent to Rs 3,269.4 crore in the reported quarter from Rs 3,011.9 crore in the year-ago period.
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Larsen & Toubro Infotech Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 2 July 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
In continuation to our letter no. LTI/SE/STAT/2021-22/09 dated April 21, 2021 we would like to inform you that the Board of Directors at their meeting held today, have recommended a final dividend of Rs. 25.00/- per equity share of face value of Re. 1.00/- each.
Important Dates
- Company – Larsen & Toubro Infotech Ltd
- Script Name – LTI (NSE) and 540005 (BSE)
- Dividend Amount – 25 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – Within 30 days
Also, you can find more information about Larsen & Toubro Infotech Ltd on National Stock Exchange and Moneycontrol – Larsen & Toubro Infotech Limited offers end-to-end software solutions and services. It offers various services, such as package implementation and support, application development and maintenance, enterprise application integration, data warehousing and business intelligence
