L&T Q4 Results: Revenue Up 15% At Rs 67,079 Cr; Margins Narrow

Larsen & Toubro achieved Consolidated Revenues of ₹ 221,113 crore for the year ended March 31, 2024, recording a healthy y-o-y growth of 21%, facilitated by a strong execution of a large order book in the Projects & Manufacturing businesses. International revenues during the year at ₹ 95,086 crore constituted 43% of the total revenues largely led by a ramp-up in execution of multiple international projects. For the quarter ended March 31, 2024, the Consolidated Revenues at ₹ 67,079 crore recorded a y-o-y growth of 15%. The share of international revenues during the quarter was 45%. The Company for the year ended March 31, 2024, posted a Consolidated Profit After Tax (PAT) of ₹ 13,059 crore, registering a robust growth of 25% compared to the previous year. The PAT includes an exceptional gain (net of tax) of ₹ 94 crore, attributed to the divestment of a stake in L&T IDPL (L&T Infrastructure Development Projects Limited). For the quarter ended March 31, 2024, the PAT at ₹ 4,396 crore, registered a growth of 10% y-o-y basis. The Board of Directors has recommended a final dividend of ₹ 28 per equity share. Watch Exclusive Chat With R Shankar Raman, President, Whole-time Director & CFO, L&T.