Larsen & Toubro has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 11.22% fall in its net profit at Rs 2,666.07 crore for the quarter under review as compared to Rs 3,002.85 crore for the same quarter in the previous year. However, total income of the company increased by 7.30% at Rs 40,573.76 crore for Q4FY24 as compared Rs 37,814.05 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 12.52% rise in its net profit at Rs 5,003.54 crore for fourth quarter ended March 31, 2024 as compared to Rs 4,446.74 crore for the same quarter in the previous year. Total income of the company increased by 15.31% at Rs 68,120.42 crore for Q4FY24 as compared Rs 59,076.06 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 18.54% rise in net profit at Rs 9,304.33 crore as compared to Rs 7,848.97 crore for the previous year. Total income of the company increased by 14.88% at Rs 1,31,576.45 crore for year under review as compared to Rs 1,14,535.93 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 23.33% rise in its net profit at Rs 15569.72 crore as compared to Rs 12624.87 crore for the previous year. Total income of the company increased by 20.94% at Rs 2,25,270.94 crore for year under review as compared to Rs 1,86,269.87crore for year ended March 31, 2023.
