Larsen & Toubro Reports 12% Rise in Q1 Profits Amid Global Challenges

Larsen & Toubro (L&T) reported a 12% increase in consolidated profit after tax (PAT) to Rs 2,786 crore for the June quarter, driven by higher revenues. The company's consolidated revenues reached Rs 55,120 crore, marking a 15% year-on-year growth. L&T received orders worth Rs 70,936 crore, with significant contributions from international markets, especially the Middle East.

Larsen & Toubro (L&T) posted a 12% rise in consolidated profit after tax (PAT), reaching Rs 2,786 crore for the June quarter, buoyed by higher revenues.

The company reported consolidated revenues of Rs 55,120 crore for Q1 of the current fiscal, a 15% year-on-year growth driven by robust execution in projects and a large order book, according to a company statement.

International revenues totaled Rs 26,248 crore, making up 48% of the total revenues for the quarter. The company also secured orders worth Rs 70,936 crore during the quarter, with significant order momentum in the Middle East.