Business Standard

Larsen & Toubro standalone net profit declines 47.55% in the March 2017 quarter

Image

Capital Market

Sales rise 5.54% to Rs 23499.65 crore

Net profit of Larsen & Toubro declined 47.55% to Rs 1254.08 crore in the quarter ended March 2017 as against Rs 2391.07 crore during the previous quarter ended March 2016. Sales rose 5.54% to Rs 23499.65 crore in the quarter ended March 2017 as against Rs 22265.41 crore during the previous quarter ended March 2016.

For the full year,net profit rose 9.08% to Rs 5453.74 crore in the year ended March 2017 as against Rs 4999.58 crore during the previous year ended March 2016. Sales rose 3.90% to Rs 66301.35 crore in the year ended March 2017 as against Rs 63812.65 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales23499.6522265.41 6 66301.3563812.65 4 OPM %12.8613.15 -9.699.13 - PBDT3097.133300.02 -6 7079.066692.74 6 PBT2700.843072.36 -12 5863.875695.34 3 NP1254.082391.07 -48 5453.744999.58 9

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2017 | 3:20 PM IST

Explore News