L&T logs 6.5% fall in Q4 net profit at Rs 3,197 cr

Source :IANS
Author :IANS
Last Updated: Sat, Jun 6th, 2020, 10:02:45hrs
L&T

Mumbai: Larsen & Toubro Friday reported a 6.47 per cent fall in its consolidated net profit of Rs 3,197 crore in the January-March quarter for the financial year 2019-20.

During the same quarter of FY2018-19, the company had reported a consolidated net profit of Rs 3,418.24 crore.

In a regulatory filing, the company said that its total income for the period under rose by 2.2 per cent on a year-on-year basis to Rs 44,245.28 crore.

For FY20, L&T recorded a consolidated gross revenue of Rs 1,45,452 crore from continuing operations, achieving y-o-y growth of 8 per cent. The international revenue during the year at 48,467 crore constituted 33 per cent of the total revenue.