L&T Q4 net up 69%, expects FY15 order intake to grow 20%

摘要

Larsen and Toubro (L&T) has reported a profitafter tax of Rs 2,723 crore (beat street estimates)in the quarter ended March 2014, up 69 percentcompared to same quarter last year, driven bygains on divestment of part stake in a subsidiarycompany and other income but nance andtax costs capped pro tability. The companyrecorded an exceptional gain of Rs 484.1 croreduring the quarter on divestment of stake insubsidiary L&T Finance Holdings through o erfor sale route. The bottom line was better thananalysts' expectations while top line was belowthe forecast.