Larsen & Toubro reports 13% rise in Q4 consolidated net profit

11 May 2019 Evaluate

Larsen & Toubro has reported results for fourth quarter and year ended March 31, 2019.

The company has reported marginal fall of 2.77% in its net profit at Rs 2,377.42 crore for the quarter under review as compared to Rs 2,445.22 crore for the same quarter in the previous year. However, total income of the company marginally increased by 16.06% at Rs 31,619.03 crore for Q4FY19 as compared Rs 27,244.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 13.35% in its net profit at Rs 3,916.13 crore for the quarter under review as compared to Rs 3,454.77 crore for the same quarter in the previous year. Total income of the company increased by 10.86% at Rs 45,555.29 crore for Q4FY19 as compared Rs 41,091.04 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 23.95% in its net profit at Rs 6677.70 crore as compared to Rs 5387.30 crore for the previous year. Total income of the company increased by 17.75% at Rs 89,756.70 crore for year under review as compared to Rs 76,224.32 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 21.29% in its net profit at Rs 10237.58 crore as compared to Rs 8440.29 crore for the previous year. Total income of the company increased by 17.87% at Rs 142858.62 crore for year under review as compared to Rs 121204.03 crore for year ended March 31, 2018.

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