Larsen & Toubro (L&T) has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a rise of 94.98% in its net profit at Rs 2,445.22 crore for the quarter ended March 31, 2018 as compared to Rs 1,254.08 crore for the same quarter in the previous year. Total income of the company increased by 14.79% at Rs 27,316.34 crore for quarter under review as compared to Rs 23,796.79 crore for the quarter ended March 31, 2017.
On consolidated basis, the company has reported rise of 4.72% in its net profit at Rs 3,167.47 crore for the quarter ended March 31, 2018 as compared to Rs 3,024.61 crore for the corresponding quarter in the FY17. Total consolidated income of the company rose 10.57% at Rs 41,110.86 crore for quarter under review as compared to Rs 37,179.30 crore for the same quarter ended previous year.
For the year ended March 31, 2018, the company has posted a marginal fall of 1.22% in its net profit at Rs 5,387.30 crore as compared to Rs 5,453.74 crore for the previous year. However, total income of company increased by 12.14% at Rs 76,496.47 crore for year under review as compared to Rs 68,216.31 crore for year ended March 31, 2017.
For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 21.99% in its net profit at Rs 7,369.86 crore as compared to Rs 6,041.23 crore for the previous year. Total income of company increased by 8.91% at Rs 1,21,274.13 crore for the year under review as compared to Rs 1,11,355.11 crore for year ended March 31, 2017.
