Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has reported results for third quarter ended December 31, 2020.

The company has reported a rise of 50.29% in its net profit after tax from continuing operations and discontinued operations at Rs 1,872.77 crore for the quarter under review as compared to Rs 1,246.09 crore for the same quarter in the previous year. Total income of the company marginally increased by 1.11% at Rs 20,747.47 crore for Q3FY21 as compared Rs 20,518.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.87% in its net profit attributed to the shareholders at Rs 2,466.71 crore for the quarter under review as compared to Rs 2,352.12 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.14% at Rs 36,661.08 crore for Q3FY21 as compared Rs 36,711.69 crore for the corresponding quarter previous year.