The company's standalone net profit was Rs 893.5 crore, and standalone sales, Rs 10,337 crore. A CNBC-TV18 poll had estimated standalone net profit at Rs 740 crore and net sales at Rs 11046 crore.
Engineering major Larsen and Toubro (L&T) Monday reported a consolidated net profit of Rs 967 crore for the June quarter, up 110 percent over the same period last year. Consolidated quarterly sales stood at Rs 18,975 crore, up 10 percent year-on-year.
The company's standalone net profit was Rs 893.5 crore, and standalone sales, Rs 10,337 crore. A CNBC-TV18 poll had estimated standalone net profit at Rs 740 crore and net sales at Rs 11046 crore.
Standalone operating profit for the quarter was Rs 1087 crore, compared to the poll estimate of Rs 1136.
Consolidated order book as on June 30 stood at Rs 1.85 lakh crore.
More to come...
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LT cons Q1 net up 110%, sales up 10% to Rs 18975 cr
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