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L&T Q1 profit rises 20.5% YoY to Rs 1,361 crore

Consolidated gross revenue during the quarter under review came in at Rs 29,636 crore from continuing operations for the quarter ended June 30, 2019, achieving YoY growth of 10 per cent.

Larsen & Toubro
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A logo of Larsen and Toubro (L&T) is pictured outside its Corporate office in Mumbai | Photo: Reuters

SI Reporter New Delhi
Larsen & Toubro (L&T) on Tuesday reported a 20.5 per cent year-on-year (YoY) increase in consolidated PAT (profit after tax) at Rs 1,361 crore for the first quarter (April-June) of the financial year 2019-20 (FY20). The company had posted net profit of Rs 1,129 crore in the year-ago period. 

Consolidated gross revenue during the quarter under review came in at Rs 29,636 crore from continuing operations for the quarter ended June 30, 2019, achieving YoY growth of 10 per cent. The International revenue during the quarter at 9,268 crore constituted 31 per cent of the total revenue, L&T said in