L&T Q4 net rises 3% to Rs 3,293 cr, sees Covid impact on Q1 growth momentum

L&T's order inflows during the March quarter stood at Rs 50,651 crore, which is a decline of 12 per cent over the year-ago period

India’s largest engineering and construction (E&C) player Larsen and Toubro (L&T) posted a consolidated net profit of Rs 3,293 crore in the January-March quarter (Q4FY21). This is an increase of 3 per cent from Rs 3,197 crore profit logged in the year-ago period (Q4FY20).

Sequentially, the profit rose 33 per cent from Rs 2,467 crore in the December quarter (Q3FY21). The company's board recommended a final dividend of Rs 18 per share.

L&T's revenue from operations, meanwhile, came in at Rs 48,088 crore for the quarter ended March 31, 2021, up 8.6 per cent from the revenue of Rs 44,245 crore clocked