L&T announced a dividend of $24 per share for the fourth quarter.

 Consolidated PAT increased 10% YoY to $3,987 cr., and L&T announced a dividend of $24 per share for the fourth quarter.

During the last quarter of FY23, PAT and sales both increased by 10% year over year. In Q4FY23, the combined net profit was 3,987 crore while the total revenue for the period was 58,335 crore. The company's board of directors announced a dividend of 24 per share during a meeting on Wednesday.

The PAT and sales in the March 2022 quarter were 3,621 crore and 52,851 crore, respectively.

Larsen & Toubro announced its Q4FY23 results on Wednesday.

EBITDA, however, increased by 5% to $6,833 crore in Q4 FY23 from $6,517 crore in Q4 FY22. EBITDA margin decreased from 12.3% in Q4FY22 to 11.7% in the quarter under review.
For approval by shareholders, the Board of Directors has proposed a final dividend of 24 per equity share.

According to the business, order inflow for the quarter that concluded on March 31, 2023, was 76,099 crore, up 3% from the same period a year earlier. 36,046 crore worth of international orders made up 47% of the total.

As of March 31, 2023, the group's combined order book was worth 399,526 crore, with 28% of the orders coming from outside. The order book, which now stands at 399,526 crores, is up 12% from 357,595 crores as of March 31, 2022.
The Board of Directors has recommended a final dividend of 24 per equity share for shareholder approval.

Order inflow for the quarter that ended on March 31, 2023, was 76,099 crore, up 3% from the same time last year, according to the firm. 47% of the total were overseas orders totaling Rs. 36,046 crore.

The group's total order book was 399,526 crore as of March 31, 2023, with 28% of the orders originating from overseas. At 399,526 crores as of March 31, 2022, the order book has increased by 12% from 357,595 crores as of that date.