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

Friday - June 5, 2020 10:00 pm , Category : BUSINESS
Mumbai, June 5 (IANS) 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.

--IANS rrb/sn/vd