Larsen & Toubro jumps on reporting 15% rise in Q3 consolidated net profit

23 Jan 2020 Evaluate

Larsen & Toubro is currently trading at Rs. 1328.35, up by 34.10 points or 2.63% from its previous closing of Rs. 1294.25 on the BSE.

The scrip opened at Rs. 1302.00 and has touched a high and low of Rs. 1339.50 and Rs. 1302.00 respectively. So far 153192 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.70 on 28-May-2019 and a 52 week low of Rs. 1202.30 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 1339.50 and Rs. 1292.40 respectively. The current market cap of the company is Rs. 186318.41 crore.

The Institutions and Non-Institutions held 56.49% and 43.51% stake respectively in the company.

Larsen & Toubro has reported a fall of 17.82% in its net profit from continuing operations and discontinued operations at Rs 1,343.50 crore for the quarter ended December 31, 2019 as compared to Rs 1,634.78 crore for the same quarter in the previous year. Total income of the company decreased by 6.13% at Rs 20580.34 crore for Q3FY20 as compared Rs 21924.95 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 15.21% in its net profit attributable to owners at Rs 2,352.12 crore for the quarter under review as compared to Rs 2,041.62 crore for the same quarter in the previous year. Total income of the company increased by 5.44% at Rs 36717.60 crore for Q3FY20 as compared Rs 34823.08 crore for the corresponding quarter previous year.

Larsen & Toubro Share Price

3774.10 68.00 (1.83%)
28-Mar-2024 16:01 View Price Chart
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