L&T Q4: Profit increased by 25% to Rs 5497 crore, better than expected, dividend also announced

News Topical, Digital Desk : L&T, a Sensex index company, has released its March quarter results today. The company's profit has increased by 25 percent compared to last year. The income has increased by 11 percent on a year-on-year basis. The EBITDA has increased by 13 percent compared to last year. Margins have increased compared to last year. The company's profit and margins have been better than the CNBC TV18 poll. Along with this, the company's income and EBITDA have been slightly lower than the estimates.

The company has also announced a dividend of Rs 34 per share along with the results. The results came after the market closed. In Thursday's trading, L&T's stock closed at 3320 with a slight decline.

How were the quarterly results? According to the information sent to the stock market, the company's consolidated profit has increased from Rs 4396 crore to Rs 5497 crore. There has been a 25 percent increase in this on a year-on-year basis.

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