Larsen and Toubro, L&T has come out with fourth quarter and FY07 numbers. It reported net profit of Rs 700.8 crore (Rs 7 billion) in Q4 of FY07 as against Rs 458.8 crore (Rs 4.58 billion) in Q4 of FY06 and net sales of Rs 6,248.24 crore (Rs 62.48 billion) versus Rs 4,616.9 crore (Rs 46.16 billion).
For FY07, the net profit stood at Rs 1,403 crore (Rs 14.03 billion) versus Rs 942.4 crore (Rs 9.42 billion) in FY06 and net sales at Rs 17,578.8 crore (Rs 175.78 billion) as against Rs 14,734.8 crore (Rs 147.34 billion).
Operating profit margin was at 12.96% in Q4FY07 versus 11.83% in Q4 FY06.
For FY07, the company posted growth of 70.06% in consolidated net profit to Rs 2240.14 crore (Rs 22.40 billion) from Rs 1317.21 crore (Rs 13.17 billion) and 23.93% growth in revenues to Rs 20347.85 crore (Rs 203.47 billion) from Rs 16418.31 crore (Rs 164.18 billion).
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