L&T Q3 consolidated internet revenue rises 15% at Rs 2,560 cr; complete earnings up 5% to Rs 36,718 cr

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New Delhi: Engineering and development main Larsen & Toubro (L&T) on Wednesday posted a 15 % rise in its consolidated internet revenue at Rs 2,560.32 crore for the quarter to 31 December, on the again of upper earnings.

The corporate had clocked a consolidated internet revenue after tax and share in revenue/(loss) of joint ventures/associates from persevering with operations of Rs 2,218.68 crore within the year-ago interval, the corporate stated in a regulatory submitting to the BSE.

 L&T Q3 consolidated net profit rises 15% at Rs 2,560 cr; total income up 5% to Rs 36,718 cr

L&T emblem. Picture courtesy – Firm.

Its consolidated complete earnings throughout October-December elevated to Rs 36,717.60 crore, in opposition to Rs 34,823.08 crore within the year-ago interval, the submitting stated.

Whole bills additionally elevated to Rs 33,494.37 crore in the course of the quarter underneath evaluate as in opposition to Rs 31,421.86 crore within the corresponding interval of the earlier fiscal.

“The company successfully won new orders worth Rs 41,579 crore at the group level during the quarter ended 31 December, 2019, amid subdued business environment. International orders during the quarter at Rs 17,901 crore increased to 43 percent of the total order inflow, on large value order wins in power transmission and distribution and metallurgical and material handling business,” the corporate stated in an announcement.

The consolidated order e book of the group stood at Rs 3,06,280 crore as on 31 December, 2019, registering a fairly excessive progress of 5 % over March 2019.

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