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L&T Q1 profit rises 14% YoY

L&T Mindtree

Larsen & Toubro (L&T) has reported a 13.8% year-on-year (YoY) rise in consolidated net profit at Rs.1,213 crore.

Profit for the same period last year was Rs.1,065.54 crore. Revenue for the quarter rose 17.9%  YoY to Rs.28,283 crore in Q1FY19, from Rs.23,989 crore YoY. EBITDA rose 40.4% YoY to Rs.2,913 crore. EBITDA margin was 10.3%, while it was 8.7% in the same period last year.

Moreover, the company won new orders worth Rs.36,142 crore, marking a growth of 37% YoY. International orders constituted 26% of the total order inflow.

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