Moneycontrol PRO
Outskill Genai
HomeNewsBusinessStocksBuy Larsen & Toubro with target of Rs 1,894: Anand Rathi

Buy Larsen & Toubro with target of Rs 1,894: Anand Rathi

For full year FY19, the company reported consolidated gross revenue of Rs 141,007 crore, registering 18 percent y-o-y growth. Consolidated PAT for FY19 was Rs 8,905 crore, up 21 percent on y-o-y basis.

June 03, 2019 / 12:07 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Anand Rathi

    Larsen & Toubro (L&T) reported consolidated gross revenue of Rs 44,934 crore in Q4FY19, reflecting an increase of 10 percent on y-o-y basis. The quarter witnessed growth in several segments including infrastructure, heavy engineering, hydrocarbon and IT & Technology services.

    Overall PAT in Q4 increased 8 percent on y-o-y basis to Rs 3,418 crore from Rs 3,167 crore in the previous year quarter. The order inflow for the quarter was Rs 56,538 crore, increasing 14 percent y-o-y.

    For full year FY19, the company reported consolidated gross revenue of Rs 141,007 crore, registering 18 percent y-o-y growth. Consolidated PAT for FY19 was Rs 8,905 crore, up 21 percent on y-o-y basis.

    The company won new orders worth Rs 176, 834 crore at the group level during FY19, increasing 16 percent over the previous year. Order wins in infrastructure and hydrocarbon segments were the major contributors to the order inflow during the year.

    The International orders during the year at Rs 46, 805 crore accounted for 26 percent of the total order inflow.

    Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol Contributor
    Moneycontrol Contributor
    first published: Jun 3, 2019 12:07 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347