financetom
Business
financetom
/
Business
/
Larsen & Toubro net profit up 4.7% at Rs 3,167 crore
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Larsen & Toubro net profit up 4.7% at Rs 3,167 crore
May 28, 2018 7:20 AM

Engineering and construction major Larsen & Toubro on Monday said its consolidated net profit for the March quarter rose 4.7% from a year earlier at Rs 3,167 crore.

The consolidated revenue stood at Rs 40,678 crore for the quarter under review, registering an increase of 11.1% on a year-on-year basis.

The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 23% year-on-year to Rs 5,390 crore.

Mumbai-based L&T won fresh orders worth Rs 1.5 lakh crore at group level in FY18, up 7% and order intake for Q4 is up 5% at Rs 49,557 crore year-on-year.

International order inflow for Q4 at Rs 8,678 crore, 18% of total order inflow.

L&T's consolidated order book at Rs 2.6 lakh crore as of March 31 and international order book constitutes 24% of total order book.

The company expect to continue planned trajectory of profitable and steady growth.

First Published:May 28, 2018 4:20 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved