Larsen & Toubro Ltd.
-8.15 (-0.22%) L&T reports 23% rise in Q2 consolidated net profit
Date: 01-11-2018Larsen & Toubro (L&T) has reported results for second quarter ended September 30, 2018.
The company has reported 50.93% rise in its net profit at Rs 1,753.71 crore for the quarter under review as compared to Rs 1,161.94 crore for the same quarter in the previous year. Total income of the company increased by 17.25% at Rs 19,372.55 crore for Q2FY19 as compared Rs 16,521.82 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 22.56% in its net profit at Rs 2,230.49 crore for the quarter under review as compared to Rs 1,819.88 crore for the same quarter in the previous year. Total income of the company increased by 21.08% at Rs 32,506.10 crore for Q2FY19 as compared Rs 26,846.41 crore for the corresponding quarter previous year.