L&T Q3 consolidated net profit jumps 15% at Rs 2,560 crore
Engineering and construction major Larsen & Toubro (L&T) on Wednesday posted a 15 per cent rise in its consolidated net profit at Rs 2,560.32 crore for the quarter to December 31, on the back of higher income.
The company had clocked a consolidated net profit after tax and share in profit/(loss) of joint ventures/associates from continuing operations of Rs 2,218.68 crore in the year-ago period, the company said in a regulatory filing to the BSE.
Its consolidated total income during October-December increased to Rs 36,717.60 crore, against Rs 34,823.08 crore in the year-ago period, the filing said.
Total expenses also increased to Rs 33,494.37 crore during the quarter under review as against Rs 31,421.86 crore in the corresponding period of the previous fiscal.
