Larsen & Toubro reports 67% fall in Q2 consolidated net profit
28th Oct 2021

Larsen & Toubro has reported results for second quarter ended September 30, 2021.

The company has reported a fall of 69.84% in its net profit from continuing operations and discontinued operations at Rs 2,025.44 crore for the quarter under review as compared to Rs 6,716.51 crore for the same quarter in the previous year. However, total income of the company increased by 10.09% at Rs 18,414.70 crore for Q2FY22 as compared Rs 16,726.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 67.04% in its net profit attributed to the owners at Rs 1,819.45 crore for the quarter under review as compared to Rs 5,520.27 crore for the same quarter in the previous year. However, total income of the company increased by 11.75% at Rs 35,305.04 crore for Q2FY22 as compared Rs 31,593.77 crore for the corresponding quarter previous year.