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L&T Q3 results: Net profit falls 17% to Rs 2,055 cr; revenue rises 11%

The consolidated order book of the group was at Rs 3.4 trillion as on December 31, 2021, which gives multi-year revenue visibility, the company said in a stock exchange filing

L&T sells Singoli-Bhatwari hydro project to Renew Power for Rs 985 cr
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BS Web Team New Delhi
Infrastructure major Larsen & Toubro on Friday reported 17% fall in consolidated net profit at Rs 2,055 crore for the quarter ending December 31, 2021 as higher raw material and fuel prices impacted margins. The company posted net profit of Rs 2,467 crore in the year-ago period. 

Consolidated revenue from operations rose 11% to Rs 39,563 crore as against Rs 35,596 crore in Q3FY21.

The consolidated order book of the group was at Rs 3.4 trillion as on December 31, 2021, with international orders having a share of 24%, which gives multi-year revenue visibility, the company said in a stock

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First Published: Jan 28 2022 | 4:46 PM IST

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