Larsen & Toubro achieved Consolidated Revenues of Rs. 156,521 crore for the year ended March 31, 2022 recording a y-o-y growth of 15% with strong execution in project business aided by continuing growth momentum in the IT&TS portfolio. International revenues during the year at Rs. 55,783 crore constitute 36% of the total.

For the quarter ended March 31, 2022, the Consolidated Revenues at Rs. 52,851 crore registered a y-o-y growth of 10%. International sales during the quarter at Rs. 17,550 crore constituted 33% of the total revenue.

For the year ended March 31, 2022, the Consolidated Net Profit After Tax (excluding exceptional items and discontinued operations) at Rs. 8,572 crore registered a robust growth of 23% over the previous year. The Consolidated Net Profit After Tax (including exceptional items and discontinued operations) for the year ended March 31, 2022 was Rs. 8,669 crore.

The Consolidated Net Profit After Tax for the quarter ended March 31, 2022 at Rs. 3,621 crore, registered a growth of 10% over the corresponding quarter of the previous year, in line with revenue growth.

The Board of Directors has recommended a final dividend of Rs. 22 per equity share for the approval of shareholders, an increase of 22% per share over previous year.

The company secured orders worth Rs. 192,997 crore at the group level during the year ended March 31, 2022, registering a growth of 10% over previous year. During the year, major traction was seen in the international region, especially from the Middle East, where the company bagged large value orders during the year, taking the share of international orders to 44% of the total order inflow, as compared to 27% in the previous year.

The company bagged orders worth Rs. 73,941 crore during the quarter ended March 31, 2022, registering a strong growth of 46% over the corresponding quarter of the previous year, with the Infrastructure segment booking a mega order from the Middle East. The International orders at Rs. 32,241 crore during the quarter comprised 44% of the total order inflow.

The consolidated order book of the group was at record levels, at Rs. 357,595 crore as on March 31, 2022, with international orders having a share of 27%.