Larsen & Toubro’s net profits have been rising due to a higher increase in income as compared to expenditure over the last four quarters.
Larsen & Toubro will announce its financial results for the first quarter of the financial year 2022-23 (FY23) on Tuesday. The company has seen a steady rise in net profits over the last four quarters.
In Q1FY22, the company recorded a net profit of Rs 749.97 crore. In Q2FY22, the profits rose to Rs 2,025.44 crore. The net profits fell to Rs 1,670.84 in Q3FY22, the quarter ending September 2021. The profits rose to Rs