InvestorQ : Can you give me a quick view on the quarterly results of Larsen & Toubro for the Mar-21 quarter?
Niti Shenoi made post

Can you give me a quick view on the quarterly results of Larsen & Toubro for the Mar-21 quarter?

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ishika Banerjee answered.
1 month ago
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For the fourth quarter ending in Mar-21, Larsen a Toubro Ltd reported a marginal 3% growth in net profits to Rs.3,293 crore. This growth came largely on the back of better execution of orders and better working capital management as well as a huge order book position. The top line revenues for the Mar-21 quarter was up by 8.68% at Rs.48,088 crore, indicating that the resurgence of COVID had put some strain on the business.

For the full year, Larsen & Toubro reported 7% lower revenues at Rs.135,979 crore largely due to the impact of the series of lockdowns in 2020 and later in 2021. L&T has also recommended final dividend of Rs.18 per equity share taking the total dividend for the year to Rs.36 per share. In FY21, L&T had received new orders worth Rs.175,497 crore at the group level. The outstanding order book of L&T stood at a whopping Rs.327,354 crore.

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