Larsen & Toubro reports 16% rise in Q2 consolidated net profit

31 Oct 2015

Larsen & Toubro has reported results for second quarter ended September 30, 2015.

The company has reported 14.03% rise in its net profit at Rs 1188.42 crore for the quarter ended September 30, 2015 as compared to Rs 1042.18 crore for the same quarter in the previous year. The company’s total income has increased by 3.01% to Rs 13721.76 crore for the quarter under review from Rs 13320.17 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 15.57% rise in its net profit after taxes and minority interest and share in profit of associates at Rs 995.90 crore for the quarter ended September 30, 2015 as compared to Rs 861.75 crore for the same quarter in the previous year. The total income of the company has increased by 10.47% at Rs 23612.32 crore for quarter under review as compared to Rs 21373.89 crore for the quarter ended September 30, 2014. 

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