 "L&T Q1 net soars 46% to Rs 893 cr")
Total income rose 10% to Rs 24,375 crore as compared to Rs 22,180 crore in June 2016.
Consolidated order book stood at Rs 26,352 crore at quarter end. International order book constituted 26% of total order book for June quarter.
The company is optimistic about growth in medium term as economic outlook improves.
Revenue from the infrastructure segment, which accounted for about 44% of the company's total income in the quarter, rose 15.5% to Rs 10,728 crore.
Revenue from the infrastructure segment, which accounted for about 44% of the company's total income in the quarter, rose 15.5% to Rs 10,728 crore.
On Friday, the company stock on BSE closed 2% lower at Rs 1,159.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%