Larsen & Toubro : Q1FY18 Result
DSIJ Intelligence / 28 Jul 2017
The company's total sales for Q1FY18 came in at Rs 23,989.8 crore, which represents a 34.9 per cent sequential decline and 9.7 per cent YoY increase.
Larsen & Toubro reported its results for the quarter ended June 30, 2017 on Friday.
The company's total sales for Q1FY18 came in at Rs 23,989.8 crore, which represents a 34.9 per cent sequential decline and 9.7 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 1505.5 crore and its EBIT margin stood at 6.3 per cent.
The company reported PAT of Rs 1065.54 crore, which represents a sequential QoQ decline of 65.6 per cent and a YoY increase of 24.4 per cent.
The company's total order book as on June 30, 2017 stood at Rs 262,860 crore.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services. It operates in over 30 countries worldwide.
The stock today opened at Rs 1189.9 and touched its 52-week low of Rs 1153.25 on the BSE.
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