L&T Q4 profit rises 8% YoY to Rs 3,418 cr

Engineering and construction major Larsen & Toubro on Friday reported a 7.91 per cent year-on-year rise in profit (attributable to owners) at Rs 3,418.24 crore for the quarter ended March 31. Analysts in an ET NOW poll had projected a profit of Rs 3,414 crore. The company had posted a net of Rs 3,167.47 crore in the corresponding quarter last year. Consolidated revenue from operations increased 10.46 per cent YoY to Rs 44,933.96 crore from Rs 40,678.10 crore