{"id":509048,"date":"2022-07-27T09:34:53","date_gmt":"2022-07-27T04:04:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509048"},"modified":"2022-07-27T10:40:23","modified_gmt":"2022-07-27T05:10:23","slug":"lt-q1-results-net-profit-rises-45-to-rs-1702-cr-revenue-up-22","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-q1-results-net-profit-rises-45-to-rs-1702-cr-revenue-up-22\/","title":{"rendered":"L&amp;T Q1 results: Net profit rises 45% to Rs 1,702 cr; revenue up 22%"},"content":{"rendered":"<p>Engineering major Larsen &amp; Toubro on Tuesday reported 45% jump in consolidated net profit (attributable to owners) at Rs 1,702 crore for the quarter ending June 30, 2022 &#8220;with strong execution witnessed in the infrastructure segment and riding on the sustaining growth momentum in the IT&amp;TS portfolio&#8221;. L&amp;T reported net profit of Rs 1,174 crore in Q1FY22.<\/p>\n<p>The company&#8217;s revenue rose 22% to Rs 35,853 crore in Q1FY23 as compared to Rs 29,335 crore in Q1FY22. International revenues during the quarter, at Rs 13,235 crore, constitute 37% of the total revenue.<\/p>\n<p>&#8220;The Company secured orders worth Rs 41,805 crore at the group level during the quarter ended June 30, 2022, registering a growth of 57% over corresponding quarter of the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Engineering major Larsen &amp; Toubro on Tuesday reported 45% jump in consolidated net profit (attributable to owners) at Rs 1,702 crore for the quarter ending June 30, 2022 &#8220;with strong execution witnessed in the infrastructure segment and riding on the sustaining growth momentum in the IT&amp;TS portfolio&#8221;. L&amp;T reported net profit of Rs 1,174 crore in Q1FY22. The company&#8217;s revenue rose 22% to Rs 35,853 crore in Q1FY23 as compared to Rs 29,335 crore in Q1FY22. International revenues during the quarter, at Rs 13,235 crore, constitute 37% of the total revenue. &#8220;The Company secured orders worth Rs 41,805 crore at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-509048","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509048"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509048\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}