InvestorQ : How were the quarterly numbers of Larsen & Toubro for FY23 first quarter?
Mary Joseph made post

How were the quarterly numbers of Larsen & Toubro for FY23 first quarter?

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Arusha Ray answered.
3 weeks ago
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Larsen & Toubro, despite a strong base, has reported 45% growth in net profits for the June 2022 quarter at Rs1,702 crore. This was largely catalysed by a very strong execution in the infrastructure segment as also strong positive growth in the formidable IT portfolio, which comprises L&T Infotech, LTTS and Mindtree.

Total sales revenues for Q1FY23 were up 22% at Rs35,853 crore. This included International revenues of Rs13,235 crore translating into nearly 37% of the total revenues. During the quarter, L&T managed to get fresh orders to the tune of Rs41,805 crore and this included Rs17,842 crore of international orders. As of the close of June 2022, the consolidated order book position of L&T stood at a record level of Rs3.63 trillion.

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