L&T Q4 Results Preview: L&T set to show strong growth in Q4 2024, with revenue expected to increase by up to 17% YoY and net profit by up to 11% YoY. Key factors include domestic tender pipeline and margin performance.
L&T shares fell 4.46 per cent to hit a low of Rs 2,261 on BSE. The stock is up 8 per cent year-to-date. Emkay Global has downgraded the stock to to 'Hold' from 'Buy', with March 2024 target of Rs 2,303.
L&T Q4 results preview: Antique Stock Broking sees profit for the quarter at Rs 4,078 crore, up 12.6 per cent over Rs 3,621 crore in the year-ago quarter. It sees sales at Rs 59,824 crore compared with Rs 52,851 crore YoY.
Larsen & Toubro (L&T) reported a 10% YoY increase in profit after tax (PAT) of Rs 3,987 crore for the quarter ended March 31, 2023. The board approved a final dividend of Rs 24 per equity share. The engineering company's total consolidated PAT for FY23 was Rs 10,471 crore, a growth of 21%., Companies News, Times Now
L&T said its order inflow for the quarter stood at Rs 76,099 crore, up 3 per cent YoY. International orders stood at Rs 36,046 crore and constituted 47 per cent of the total orders, the company said in a BSE filing.