Larsen & Toubro recorded Consolidated Gross Revenue of Rs. 36,243 crore from continuing operations for the quarter ended December 31, 2019, achieving y-o-y growth of 6%. The International revenue during the quarter at Rs. 12,871 crore constituted 36% of the total revenue.
For the period April-December 2019, the Consolidated Gross revenue at Rs. 101,207 crore recorded a y-o-y increase of 10%.
Consolidated Profit After Tax (PAT) from continuing operations for the quarter ended December 31, 2019 at Rs. 2,161 crore registered growth of 13.8% over the corresponding quarter of the previous year. The overall PAT at Rs. 2,352 crore, including the PAT from discontinued operations for the quarter ended December 31, 2019 grew by 15.2% over the corresponding quarter of the previous year.
For the nine-month ended December 31, 2019, overall PAT including the PAT from discontinued operations at Rs. 6,352 crore registered an increase of 15.8% over the profits for similar period last year.
The Company successfully won new orders worth Rs. 41,579 crore at the group level during the quarter ended December 31, 2019, amid subdued business environment. International orders during the quarter at 17,901 crore increased to 43% of the total order inflow, on large value order wins in Power Transmission a Distribution and Metallurgical and Material Handling business.
On a cumulative basis, the order inflow for the nine months period ended December 31, 2019 stood at Rs. 128,571 crore, growing at 11% over the corresponding period of the previous year.
The Consolidated Order Book of the group stood at Rs. 306,280 crore as at December 31, 2019, registering a reasonably high growth of 5% over March, 2019. International orders constitute 24% of the total Order Book.
Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1294.25 as compared to the previous close of Rs. 1302.6. The total number of shares traded during the day was 99515 in over 4929 trades.
The stock hit an intraday high of Rs. 1310.65 and intraday low of 1292.4. The net turnover during the day was Rs. 129351090.