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Larsen & Toubro Ltd Q1FY24; 39% rise in Profits

Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets.

Financial Results:

Larsen & Toubro Ltd reported Revenues for Q1FY24 of ₹47,882.00 Crores up from ₹35,853.00 Crore year on year, a rise of 33.55%.

Total Expenses for Q1FY24 of ₹44,695.00 Crores up from ₹33,618.00 Crores year on year, a rise of 32.95%.

Consolidated Net Profit of ₹3,096.00 Crores up 38.96% from ₹2,228.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.74, up 46.49% from ₹12.11 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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