Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit

Larsen & Toubro falls despite reporting 13% rise in Q4 consolidated net profit

Larsen & Toubro is currently trading at Rs. 1325.05, down by 30.20 points or 2.23% from its previous closing of Rs. 1355.25 on the BSE.

The scrip opened at Rs. 1354.00 and has touched a high and low of Rs. 1354.95 and Rs. 1319.55 respectively. So far 45989 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1459.10 on 21-Dec-2018 and a 52 week low of Rs. 1183.40 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1374.30 and Rs. 1319.55 respectively. The current market cap of the company is Rs. 185644.22 crore.

The Institutions and Non-Institutions held 57.83% and 42.17% stake in the company, respectively.

The company has reported marginal fall of 2.77% in its net profit at Rs 2,377.42 crore for the fourth quarter ended March 31, 2019 as compared to Rs 2,445.22 crore for the same quarter in the previous year. However, total income of the company marginally increased by 16.06% at Rs 31,619.03 crore for Q4FY19 as compared Rs 27,244.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 13.35% in its net profit at Rs 3,916.13 crore for the quarter under review as compared to Rs 3,454.77 crore for the same quarter in the previous year. Total income of the company increased by 10.86% at Rs 45,555.29 crore for Q4FY19 as compared Rs 41,091.04 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 23.95% in its net profit at Rs 6677.70 crore as compared to Rs 5387.30 crore for the previous year. Total income of the company increased by 17.75% at Rs 89,756.70 crore for year under review as compared to Rs 76,224.32 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 21.29% in its net profit at Rs 10237.58 crore as compared to Rs 8440.29 crore for the previous year. Total income of the company increased by 17.87% at Rs 142858.62 crore for year under review as compared to Rs 121204.03 crore for year ended March 31, 2018.

Please share this news