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25-Jul-2024

Larsen & Toubro

Net up 12% on higher sales

''Consolidated net sales (including other operating income) of Larsen & Toubro for the quarter ended Jun 2024 has increased 15% to Rs 55119.82 crore.  Operating profit margin stood flat at 10.2%, leading to 15% rise in operating profit to Rs 5615.29 crore.  Other income fell 20% to Rs 920.64 crore.  PBIDT rose 9% to Rs 6535.93 crore.  Provision for interest was up 1% to Rs 861.36 crore.  PBDT rose 10% to Rs 5674.57 crore.  Provision for depreciation rose 20% to Rs 997.92 crore.  Profit before tax grew 8% to Rs 4,676.65 crore.  Provision for tax was expense of Rs 1236.54 crore, compared to Rs 1216.25 crore.  Effective tax rate was 26.41% compared to 28.21%. PAT was up 10% to Rs 3440.11 crore.  Share of profit from associates was a profit of Rs 4.57 crore against a loss of Rs 20.53 crore. Minority interest increased 9.35% to Rs 658.96 crore.  Net profit attributable to...



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  • Results-Analysis   (10-Nov-2024)

    Larsen & Toubro

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