Larsen & Toubro Ltd.
3.65 (0.10%) L&T reports 47% rise in Q1 consolidated net profit
Date: 27-07-2022Larsen & Toubro (L&T) has reported results for first quarter ended June 30, 2022.
The company has reported 9.73% fall in its net profit at Rs 911.22 crore for the quarter under review as compared to Rs 1009.48 crore for the same quarter in the previous year. However, total income of the company increased by 20.02% at Rs 20779.54 crore for Q1FY23 as compared Rs 17313.36 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 47.35% in its net profit at Rs 2293.01 crore for the quarter under review as compared to Rs 1556.18 crore for the same quarter in the previous year. Total income of the company increased by 21.90% at Rs 36547.92 crore for Q1FY23 as compared Rs 29982.70 crore for the corresponding quarter previous year.