Larsen & Toubro Limited Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result (Consolidated)

· The revenue from Operations was at ₹51,024.04 Cr · Net profit for Q1 FY’24 stood at ₹3,222.63 Cr · The international revenues contributed 43% to the total revenue

Performance Highlights (Consolidated)

· The revenue from Operations up by 19% YoY · Profit after tax (PAT) saw an increment of 45% YoY · International orders at ₹59,687 Cr made up 67% of the total order inflow

Company’s Expenses

Concomitantly, the expenses also increased during the quarter. For the quarter under review, the company reported a total expense of ₹47,165.95 Cr

Key Announcements

Ajay Tyagi and P.R. Ramesh as Independent Directors. New subsidiary for semiconductor chips with ₹830 Cr investment.