Larsen & Toubro reported results for the fourth quarter and year ended March 31, 2013.
The company has reported a fall of 6.90% in its net profit at Rs 1787.94 crore in Q4FY13 as compared to net profit of Rs 1920.41 crore in the same quarter previous year. However, total income of the company has increased by 10.08% to Rs 20668.21 crore as compared to Rs 18775.04 crore in corresponding quarter last year.
For the year ended March 31, 2013, the company has registered 10.19% rise in its net profit at Rs 4910.65 crore in FY13, as against Rs 4456.50 crore in previous years. Total income of the company has increased to Rs 62724.16 crore as compared to Rs 54508.80 crore in FY12, up by 15.07%.
On consolidated basis, the group has registered 10.91% rise in its net profit at Rs 5205.67 crore in FY13 as against Rs 4693.69 crore in previous year. Total income of the company has increased to Rs 75593.93 crore as compared to Rs 65142.08 crore in FY12, up by 16.04%.