By: ICN Bureau
Last updated : July 26, 2023 12:21 pm
International revenues during the quarter at Rs. 19,022 crore constituted 40% of the total revenue
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%.