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
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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.

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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.