Larsen & Toubro Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 14.99 % in YoY and increased by 21.68 % in QoQ

The comprehensive analytics outlining the performance and outlook of Larsen & Toubro Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Larsen & Toubro Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.99 %. However, it did see a marginal increase of 21.68 % from the previous quarter. Expenses ticked up slightly by 21.22 % quarter-on-quarter, aligning with the annual rise of 16.2 %. Operating profit, while up 5.87 % compared to last year, faced a quarter-on-quarter increase of 25.61 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.93 %, but an expansion of 0.33 % sequentially. Other income rose by 25.75 % compared to the last quarter, despite an annual growth of 39.67 %. Interest expenses surged remarkably by 2.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.94 %. Depreciation costs climbed by 10.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.65 %. Profit before tax grew annually by 7.07 % but saw an increase from the preceding quarter by 32.86 %.
Tax expenses as a percentage of profits decreased slightly by -2.64 % compared to last year, with a more notable quarter-on-quarter decrease of -2.58 %. Net profit rose by 12.44 % year-on-year but experienced a 39.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.72 % but a quarterly rise of 49.16 %. In summary, Larsen & Toubro Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Larsen & Toubro Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.99 % year-on-year growth, however, there was a minor increase of 21.68 % from the previous quarter. Expenses rose by 16.2 % compared to the previous year, with a 21.22 % increase quarter-on-quarter. Operating Profit surged by 5.87 % annually, and saw a 25.61 % increase from the last quarter.
Net Profit showed yearly increase of 12.44 %, and experienced a 39.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.72 % annually, however rose by 49.16 % compared to the last quarter. In essence, while Larsen & Toubro Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.