Company shares closed with a slight decline
India’s leading infra and engineering company Larsen & Toubro (L&T) earned a net profit of Rs 5497 crore in the fourth quarter of FY 2024-25, which is 25 percent higher than a year ago. The company recorded a net profit of Rs 4396 crore in the same quarter of a year ago. In a information given to the stock market, L&T said that the company’s operational revenue in the January-March quarter increased from Rs 67,078.68 crore to Rs 74,392.28 crore in the same quarter of a year ago.
International order of Rs 2,07,478 crore received by the company in FY 2024-25
The company received orders worth Rs 3,56,631 crore at group level in FY 2024-25, which is 18 % higher on an annual basis. The company received international order of Rs 2,07,478 crore in the last financial year, 58 percent of the total order. L&T Chairman and Managing Director S. N. Subramanian said, “We have acquired the most annual orders in the history of the company so far, which has brought our order book to a record level.”
Announcement of dividend of Rs 34 on one share
Larsen & Toubro on Thursday released the company’s financial results and also announced dividend for shareholders. The company said that the board has recommended a final dividend of Rs 34 on each stock with a face value of Rs 2 for shareholders. Larsen & Toubro said in today’s exchange filing that on Tuesday, 3 June, for the final dividend given for FY 2024-25, a record date has been fixed. Let us tell you that the company gave its shareholders a final dividend of Rs 28 last year.
Company shares closed with a slight decline
On Thursday, Larsen & Toubro shares closed down a slight decline of 0.05 percent (Rs 1.50) on BSE at a price of Rs 3320.60. Today, during the trading, the company’s shares reached Intrade Low of Rs 3301.60 to Intrade High of Rs 3365.50. According to BSE data, the current market cap of veteran Infra and engineering company is Rs 4,56,646.31 crore.
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