{"id":149941,"date":"2023-07-26T06:46:43","date_gmt":"2023-07-26T10:46:43","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149941"},"modified":"2023-07-26T06:46:44","modified_gmt":"2023-07-26T10:46:44","slug":"larsen-39-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/larsen-39-rise-in-profits\/","title":{"rendered":"Larsen &#038; Toubro Ltd Q1FY24; 39% rise in Profits"},"content":{"rendered":"\n<p>Larsen &amp; 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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Larsen &amp; Toubro Ltd reported Revenues for Q1FY24 of \u20b947,882.00 Crores up from \u20b935,853.00 Crore year on year, a rise of 33.55%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b944,695.00 Crores up from \u20b933,618.00 Crores year on year, a rise of 32.95%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b93,096.00 Crores up 38.96% from \u20b92,228.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b917.74, up 46.49% from \u20b912.11 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235-839x1024.png\" alt=\"\" class=\"wp-image-149942\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-235.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larsen &amp; 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 &amp; Toubro Ltd reported Revenues for Q1FY24 of \u20b947,882.00 Crores [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[8206,9403],"class_list":["post-149941","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-conglomerates","tag-infrastructure"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155987,"url":"https:\/\/alphastreet.com\/india\/larsen-38-rise-in-profits\/","url_meta":{"origin":149941,"position":0},"title":"Larsen &#038; Toubro Ltd Q2FY24; 38% rise in Profits","author":"Hardik Bhandare","date":"November 9, 2023","format":false,"excerpt":"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. 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