Larsen & Toubro Ltd.
-6.35 (-0.17%) L&T reports 36% rise in Q1 consolidated net profit
Date: 26-07-2018Larsen & Toubro (L&T) has reported results for first quarter ended June 30, 2018.
The company has reported a rise of 63.34% in its net profit at Rs 911.80 crore for the quarter under review as compared to Rs 558.21 crore for the same quarter in the previous year. Total income of the company increased by 8.46% at Rs 15,720.40 crore for Q1FY19 as compared Rs 14,494.02 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 36.10% in its net profit at Rs 1,214.78 crore for the quarter under review as compared to Rs 892.54 crore for the same quarter in the previous year. Total consolidated income of the company increased by 17.13% at Rs 28,527.48 crore for Q1FY19 as compared Rs 24,355.52 crore for the corresponding quarter previous year.