L&T announces Q4 & FY 09 resultsThe results for the Quarter ended March 31, 2009
The Company has posted a profit after tax of Rs 9985.20 million for the quarter ended March 31, 2009 as compared to Rs 9667.60 million for the quarter ended March 31, 2008. Total Income has increased from Rs 87372.10 million for the quarter ended March 31, 2008 to Rs 108357.90 million for the quarter ended March 31, 2009.
The results for the Year ended March 31, 2009
The Company has posted a profit after tax of Rs 34816.60 million for the year ended March 31, 2009 as compared to Rs 21734.20 million for the year ended March 31, 2008. Total Income has increased from Rs 254425.70 million for the year ended March 31, 2008 to Rs 346661.50 million for the year ended March 31, 2009.
The Consolidated results are as follows:
The consolidated results for the Year ended March 31, 2009
The Group has posted a profit after tax of Rs 37894.60 million for the year ended March 31, 2009 as compared to Rs 23253.60 million for the year ended March 31, 2008. Total Income has increased from Rs 298476.90 million for the year ended March 31, 2008 to Rs 410552.40 million for the year ended March 31, 2009.
L&T expects 25-35% growth in order inflows this fiscal
Notwithstanding the current challenging environment, engineering firm Larsen and Toubro (L&T) said it anticipates a healthy growth rate of 25 to 35 per cent in its order inflows in the current financial year.
“L&T anticipates healthy growth in its order inflows in the range of 25-35 per cent in FY 2009-10 even in this challenging environment,'' the company said in a filing to the Bombay Stock Exchange. The company further said it has been investing in creation of capacities and capabilities in areas which have good long-term prospects for value creation. These initiatives would enable the company to tap opportunities in several areas, including power and railways.
Further, the infrastructure and hydrocarbon sectors are expected to continue their contribution to the order book, the company added. In the just ended fiscal, the company recorded a 24 per cent growth rate in order inflows. In FY'09, the company bagged domestic as well as international orders worth Rs 52,000 crore, while in FY'08 it had bagged Rs 42,000 crore orders.
The company has bagged an EPC project worth Rs 582 crore from the Hyderabad Metro Water Supply and Sewerage Board. It involves construction of trunk mains of 58 km MS pipe for to bring 735 million litres of treated water daily to the city.
The company has also secured two EPC projects worth Rs 355 crore from the Delhi Jal Board. The project envisages design, laying and commissioning of MS-twin pipeline from Bawana to Dwarka and design and construction of a 20-million gallon capacity water treatment plant at Okhla.
The Company has posted a profit after tax of Rs 9985.20 million for the quarter ended March 31, 2009 as compared to Rs 9667.60 million for the quarter ended March 31, 2008. Total Income has increased from Rs 87372.10 million for the quarter ended March 31, 2008 to Rs 108357.90 million for the quarter ended March 31, 2009.
The results for the Year ended March 31, 2009
The Company has posted a profit after tax of Rs 34816.60 million for the year ended March 31, 2009 as compared to Rs 21734.20 million for the year ended March 31, 2008. Total Income has increased from Rs 254425.70 million for the year ended March 31, 2008 to Rs 346661.50 million for the year ended March 31, 2009.
The Consolidated results are as follows:
The consolidated results for the Year ended March 31, 2009
The Group has posted a profit after tax of Rs 37894.60 million for the year ended March 31, 2009 as compared to Rs 23253.60 million for the year ended March 31, 2008. Total Income has increased from Rs 298476.90 million for the year ended March 31, 2008 to Rs 410552.40 million for the year ended March 31, 2009.
L&T expects 25-35% growth in order inflows this fiscal
Notwithstanding the current challenging environment, engineering firm Larsen and Toubro (L&T) said it anticipates a healthy growth rate of 25 to 35 per cent in its order inflows in the current financial year.
“L&T anticipates healthy growth in its order inflows in the range of 25-35 per cent in FY 2009-10 even in this challenging environment,'' the company said in a filing to the Bombay Stock Exchange. The company further said it has been investing in creation of capacities and capabilities in areas which have good long-term prospects for value creation. These initiatives would enable the company to tap opportunities in several areas, including power and railways.
Further, the infrastructure and hydrocarbon sectors are expected to continue their contribution to the order book, the company added. In the just ended fiscal, the company recorded a 24 per cent growth rate in order inflows. In FY'09, the company bagged domestic as well as international orders worth Rs 52,000 crore, while in FY'08 it had bagged Rs 42,000 crore orders.
The company has bagged an EPC project worth Rs 582 crore from the Hyderabad Metro Water Supply and Sewerage Board. It involves construction of trunk mains of 58 km MS pipe for to bring 735 million litres of treated water daily to the city.
The company has also secured two EPC projects worth Rs 355 crore from the Delhi Jal Board. The project envisages design, laying and commissioning of MS-twin pipeline from Bawana to Dwarka and design and construction of a 20-million gallon capacity water treatment plant at Okhla.
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