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L & T profit increased by 69.2% | Intraday Equity Commodity Tips







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Saturday 31 May 2014

L & T profit increased by 69.2%

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In the fourth quarter of fiscal year 2014 Larsen & Toubro ( L & T) has a profit of Rs 2723.5 crore increased by  69.2 percent. L & T 's net profit in the fourth quarter of fiscal year 2013 was Rs 1609.9 crore . L & T also has declared a dividend of Rs. 14.25 per share .

In the fourth quarter of fiscal year 2014 L & T 's sales rose 11 per cent to Rs 20 079 crore .While it was Rs. 18080.4 crore in the same quarter of fiscal year 2013.

Company's Ebitda on yearly basis in January to March quarter is increased from Rs 2,129 to Rs 2,901 crore .The Ebitda margin is increased from 11.8 to 14.4 percent on annual basis in Q4 .

On yearly  basis company's infra business has Ebit margin in Q4 increased from 10.6 to 11.6 percent.The order inflow of company's infra business in the fourth quarter rose 64 percent to Rs. 21,290 crore.

L & T 's power business annual income in the fourth quarter reduced from Rs 2,079 crore to Rs 1473.3 crore from  . On annual basis the Ebit margin of L & T 's power business has increased from 6 percent to 14.1 percent.The Ebit margin of L & T's metallurgic business on annual basis in the fourth quarter is reduced from 19 percent to 17 percent.

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