Engineering main Larsen & Toubro (L&T) on Thursday reported a ten per cent leap in its web revenue to Rs 3,620.69 crore for the March 2022 quarter, in contrast with Rs 3,292.81 crore within the year-ago interval. Its consolidated income throughout January-March 2022 additionally rose 10 per cent year-on-year to Rs 52,851 crore.
The corporate’s worldwide gross sales through the quarter stood at Rs 17,550 crore, which constituted 33 per cent of the overall income, in line with a BSE submitting.
Its board of administrators has beneficial a ultimate dividend of Rs 22 per fairness share for the approval of shareholders, a rise of twenty-two per cent per share over the earlier 12 months.
“The corporate secured orders value Rs 1,92,997 crore on the group stage through the 12 months ended March 31, 2022, registering a progress of 10 per cent over the earlier 12 months. In the course of the 12 months, main traction was seen within the worldwide area, particularly from the Center East, the place the corporate bagged massive worth orders through the 12 months, taking the share of worldwide orders to 44 per cent of the overall order influx, as in comparison with 27 per cent within the earlier 12 months,” L&T mentioned in a press release.
Learn all of the Newest Information , Breaking Information and IPL 2022 Stay Updates right here.