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Larsen & Toubro has target of Rs 1,894: AnandRathi

On profitability front, the company’s consolidated operating margins stood 16.2 percent in Q1-FY19 at Rs 45,683 million as against 14.6 percent at Rs 34,693 million in Q1-FY18.

October 08, 2018 / 11:44 IST
     
     
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    AnandRathi

    Larsen & Toubro has reported a growth of 18.8 percent in its consolidated revenues at Rs 2,82,835 million in Q1-FY19 as against Rs 2,38,109 million in Q1-FY18.

    On profitability front, the company’s consolidated operating margins stood 16.2 percent in Q1-FY19 at Rs 45,683 million as against 14.6 percent at Rs 34,693 million in Q1-FY18, an improvement of ~160 basis points. The PAT margins for the company stood at 4.3 percent for the quarter at Rs 12,148 million as against 3.7 percent at Rs 8,925 million in Q1-FY18.

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

    Moneycontrol News
    first published: Oct 8, 2018 11:44 am

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