Larsen & Toubro Q4 consolidated Q4 net profit down 4% at Rs 3,430 cr

The company had clocked a consolidated net profit of Rs 3,586.48 crore in the year-ago period

A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai
L&T''s consolidated total income during January-March increased to Rs 44,905.76 crore, against Rs 43,914.37 crore in the year-ago period
Press Trust of India New Delhi
1 min read Last Updated : Jun 05 2020 | 7:42 PM IST
Engineering and construction major Larsen & Toubro (L&T) on Friday posted a 4.36 per cent dip in its consolidated net profit at Rs 3,430.10 crore for the quarter to March 2020.

The company had clocked a consolidated net profit of Rs 3,586.48 crore in the year-ago period, the company said in a regulatory filing to the BSE.

Its consolidated total income during January-March increased to Rs 44,905.76 crore, against Rs 43,914.37 crore in the year-ago period, the filing said.

Total expenses increased to Rs 40,656.02 crore during the quarter under review as against Rs 38,966.27 crore in the corresponding period of the previous fiscal.

For the full fiscal year (2019-20), its consolidated net profit recorded an increase of 6.14 per cent to Rs 10,239.71 crore as against Rs 9,647.25 crore in the previous year.

"The consolidated order book of the group stood at Rs 303,857 crore as on March 31, 2020, registering a growth of 4 per cent over March 2019. International orders constitute 25 per cent of the total order book," it said in a statement. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :CoronavirusLockdownLarsen & ToubroL&T

Next Story