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Consolidated net sales (including other operating income) of Larsen &
Toubro for the quarter ended Mar 2024 has increased 15% to Rs 67078.68
crore. Operating profit margin has declined from 11.7% to 10.8%,
leading to 6% rise in operating profit to Rs 7233.99 crore. Other
income rose 40.60% to Rs 1041.74 crore. PBIDT rose 9% to Rs 8275.73
crore. Provision for interest rose 14% to Rs 926.30
crore. PBDT rose 9% to Rs 7349.43 crore. Provision for
depreciation rose 20% to Rs 1021.2 crore. Profit before tax grew 7%
to Rs 6,328.23 crore. Provision for tax was expense of Rs 1418.3
crore, compared to Rs 1460.62 crore. Effective tax rate was 22.4%
compared to 24.7%. PAT was up 10% to Rs 4909.93 crore. Share of profit/loss was
19% lower at Rs 9.63 crore. PAT after share of profit from
associates was up 10% to Rs 4919.56 crore. EO (net of tax) was an income of Rs
93.61 crore...
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