Larsen & Toubro posts Q1 FY24 consolidated PAT at Rs. 2493 Cr
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Larsen & Toubro posts Q1 FY24 consolidated PAT at Rs. 2493 Cr

International revenues during the quarter at Rs. 19,022 crore constituted 40% of the total revenue

  • By ICN Bureau | July 26, 2023

Larsen & Toubro achieved consolidated revenues of Rs. 47,882 crore for the quarter ended June 30, 2023 recording a y-o-y growth of 34%, primarily aided by execution of a healthy opening order book in its Projects and Manufacturing portfolio. International revenues during the quarter at Rs. 19,022 crore constituted 40% of the total revenue.

The company for the quarter ended June 30, 2023, posted a total Consolidated Profit After Tax (PAT) of Rs. 2,493 crore, registering a high growth of 46% compared to the corresponding quarter of the previous year.

Larsen and Toubro received orders worth Rs. 65,520 crore at the group level during the quarter ended June 30, 2023, registering a strong y-o-y growth of 57%. During the quarter, orders were received across diverse segments like Rail, Renewables, Rural Water Supply, Transmission & Distribution, IT & Office Space and Onshore & Offshore verticals of the Hydrocarbon business. International orders at Rs.  27,646 crore during the quarter comprised 42% of the total order inflow.

The consolidated order book of the group is at Rs. 412,648 crore as on June 30, 2023, with international orders having a share of 29%.

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