L&T Q1 profit zooms to ₹1,531 crore on higher income
The Hindu
‘New orders grow 13%; external demand strengthening’
Infrastructure major Larsen & Toubro (L&T) on Monday posted a more than twofold jump in consolidated profit after tax to ₹1,531.66 crore for the quarter ended June, helped by higher income. A year earlier, “net profit after tax from continuing operations & discontinued operations” was at ₹543.93 crore, L&T said in a filing. Total income in the April-June quarter of FY22 rose to ₹29,982.70 crore from ₹22,037.37 crore.
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