India’s largest infrastructure company, Larsen & Toubro Limited (L&T), has announced financial results for Q4 FY ’21. The company’s infra arm covers various segments such as Buildings & Factories (B&F), Transportation Infra (TI), Heavy Civil Infra (HC), Water & Effluent Treatment (WET), Power T&D (PT&D). Highlights for the infrastructure segment are as follows:
- Net revenue stood at INR 262 bn in Q4 FY ’21 compared to INR 251 bn in Q4 FY ’20, up 5% y-o-y in both the domestic and international markets. Revenue increase is attributed to improved execution progress.
- EBITDA margin is registered at 11.5% in Q4 against 11.1% in the same period last year.
- The Infra segment consists of 75% of the healthy order book in FY ’21, thus, encouraging prospect pipeline for FY ’22.
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