L&T reports net profit of Rs 1,920 crores in Q4

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L&T reports net profit of Rs 1,920 crores in Q4
Infrastructure major, L&T has posted a net profit after tax of Rs 19204.10 million for the quarter ended March 31, 2012, as compared to Rs. 16862.10 million for the quarter ended March 31, 2011. Total Income has increased from Rs. 156183.50 million for the quarter ended March 31, 2011 to Rs. 187751 million for the quarter ended March 31, 2012.

The audited results for the year ended March 31, 2012, has seen the Company post a net profit after tax of Rs. 44565.00 million for the year ended March 31, 2012 as compared to Rs. 39578.90 million for the year ended March 31, 2011. Total Income has increased from Rs. 450533.30 million for the year ended March 31, 2011 to Rs. 545088.00 million for the year ended March 31, 2012.

The board of directors of the company have declared a dividend of Rs 16.50 per share. The stock of l&t was trading lower by 1.68% on the NSE.

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