HOME| L&T Q4 net up 10% at 4.4k crore | Writer | Admin | |||
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| Engineering and construction major L&T on Wednesday reported a 10.2% increase in consolidated net profit at Rs 4,396 crore in the March 2024 quarter on the back of higher income. The company had posted a consolidated net profit of Rs 3,987 crore in the year-ago period. The consolidated income of the company rose to Rs 68,120 crore in the March quarter from Rs 59,076 crore recorded in the year-ago period, L&T said in a BSE filing. "The year has concluded on a very strong note for us. We have secured order inflows of more than Rs 3 lakh crore and order book is around Rs 4.8 lakh crore, reflecting the continued trust reposed on us by all our esteemed clients. "During the year, we successfully completed the maiden buyback of equity shares, in line with our aim to improve shareholder value," chairman and managing director S N Subrahmanyan said.
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