L&T Q2 profit rises 13 pc to Rs 2,527 cr

Larsen & Toubro on Wednesday posted over 13 per cent rise in its consolidated profit after tax at Rs 2,527.26 crore for the quarter ended September 30.

The company had posted a consolidated PAT of Rs 2,230.49 crore in the year-ago period, Larsen & Toubro said in a filing to the BSE.

"The overall PAT at Rs 2,527 crore, including the PAT from discontinued operations for the quarter ended September 30, 2019, grew by 13.3 per cent over the corresponding quarter of the previous (financial year)," the company said in a statement.

The consolidated total income during the July-September quarter increased to Rs 35,924.89 crore, over Rs 31,086.59 crore in the year-ago period, the filing said.

Consolidated PAT from continuing operations for the quarter ended September 30 was Rs 2,309 crore, registering a growth of 10.3 per cent over the corresponding quarter of the previous year, the statement said.

The company won new orders worth Rs 48,292 crore at the group level during the quarter ended September 30, registering a year-on-year growth of 20 per cent.