Larsen and Toubro (L&T) on Monday said its consolidated order book stood at a record Rs 3.31 lakh crore at the end of December 2020, up 9 per cent year-on-year, following the highest-ever orders won in a quarter. “The several large contracts bagged in Q3FY21 include the High Speed Rail; order inflows jumped 76 per cent y-o-y to Rs 73,233 crore,” L&T said in a filing. International orders account for about a fifth of the total order book. The order inflow in Q3 stood at Rs 1,24,846 crore, it said.
Meanwhile, L&T’s consolidated net profits for Q3 rose 4.87 per cent y-o-y to Rs 2,466.71 crore. While revenues dipped 1.78 per cent y-o-y to Rs 35,594.4 crore, the operating margin came in at 12 per cent, up 60 basis points y-o-y.
