Larsen & Toubro (L&T) has posted a 17% rise in net profit at Rs 333.68 crore for the quarter ended March 31, 2005 as compared to Rs 286.16 crore for the same quarter last year. According to a release issued to the BSE today, total income has increased from Rs 3,695.69 crore in Q4-04 to Rs 4,388 crore for the quarter ended March 31, 2005.L&T has posted a 85% rise in net profit at Rs 983.85 crore for the year ended March 31, 2005 as compared to Rs 532.75 crore for the year ended March 31, 2004. Total income (net of excise) has increased from Rs 10,006.59 crore in FY-04 to Rs 13,807.42 crore for the year ended March 31, 2005.Total income includes share of profit from integrated joint ventures (net of tax).As per L&Ts consolidated results, the income attributable to is Rs 1,049.51 crore for the year ended March 31, 2005 as compared to Rs 746.81 crore for the year ended March 31, 2004. Total Income has increased from Rs 11,279.61 crore in FY-04 to Rs 15,103.73 crore for the year ended March 31, 2005.The board of directors has recommended a final dividend of Rs 17.50 per equity share of Rs 2/- each.
