Larsen & Toubro Ltd.

Larsen & Toubro has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 8.27% in its net profit after tax from continuing operations and discontinued operations at Rs 2,441.11 crore for the quarter under review as compared to Rs 2,254.64 crore for the same quarter in the previous year. Total income of the company increased by 8.46% at Rs 30,428.48 crore for Q4FY21 as compared Rs 28,054.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 2.99% in its net profit attributed to shareholders at Rs 3,292.81 crore for the quarter under review as compared to Rs 3,197.07 crore for the same quarter in the previous year. Total income of the company increased by 9.38% at Rs 49,116.16 crore for Q4FY21 as compared Rs 44,905.76 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 69.74% in its net profit after tax from continuing operations and discontinued operations at Rs 11336.97 crore as compared to Rs 6679.21 crore for the previous year. Total income of the company decreased by 9.91% at Rs 76,751.03 crore for year under review as compared to Rs 85,191.52 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 21.30% in its net profit attributed to shareholders at Rs 11,582.93 crore as compared to Rs 9549.03 crore for the previous year. Total income of the company decreased by 5.69% at Rs 139,408.38 crore for year under review as compared to Rs 147,813.26 crore for year ended March 31, 2020.