Orders were up 21% and revenue by 26%.
Recurring profit after tax (PAT) for the quarter stood at INR890 crore (拢102.8m) recording an increase of 19% over the corresponding quarter of the previous year amidst volatile market conditions. After considering an exceptional item of expenditure, the overall PAT for the quarter stood at INR864 crore (拢99.8m).
Gross revenue was INR12,078 crore (拢1.4bn) 聽for the quarter ended 30 June. The inflow of orders was INR19,594 crore (拢2.2bn). The major orders came from the infrastructure, building and factories, and power transmission and distribution sectors. International sales represented 17% of the total revenue.
The order book stood at INR153,095 crore (拢17.6bn) as at 30 June.
The engineering & construction (E&C) segment achieved net revenue of INR10,441 crore (拢1.2bn) for the quarter ended 30 June, registering a year-on-year growth of 30%. L&T reported that the 聽the subdued economic environment led to capital expenditure and expansion decisions being deferred. Nevertheless, the E&C Segment won fresh orders of INR17,804 crore (拢2.1bn) during the quarter, registering a year-on-year growth of 24%.
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