Equity investments are subjected to market risk, please take a accountable decision before investing in stock, whatever the tips suggested in this page are our expert views only."

Thursday, May 19, 2011

L&T FY11 net profit jumps 15% YoY

Profit After Tax (PAT) for the year ended March 31, 2011 (excluding exceptional and extraordinary items), stood at Rs 36.76bn, up by 15% over the previous fiscal year.

Larsen & Toubro Ltd. (L&T) on Thursday announced financial results for the year ended March 31, 2011. Profit After Tax (PAT) for the year ended March 31, 2011 (excluding exceptional and extraordinary items), stood at Rs 36.76bn, up by 15% over the previous fiscal year.

Gross sales for the full year at Rs 438.86bn grew by 19% y-o-y.

The Board of Directors of the company has recommended a dividend of Rs 14.50 per share.

The Company had an Order Book of Rs 130217 crores as at March 31, 2011. Inspite of deferment of some infrastructure and power project orders, the Company could achieve an increase of 15% in Order Inflow for FY11, L&T said.

Order Book of the Engineering & Construction (E&C) segment stood at Rs 128,000 crores as on March 31, 2011.

Source:- IIFL
--
Thanks & Regards 
R. Saxena
Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

No comments:

Important Stock Market Dates