Larsen & Toubro (L&T), the engineering giant has posted a 46% year-on-year (Y-o-Y) jump in the consolidated net profit at Rs 893 crore for the quarter ended June 2017 (Q1FY18).

The consolidated revenues increased 10% to Rs 23,990 crore Y-o-Y basis.

L&T has said in a press release that earning before interest, taxation, depreciation and amortisation (EBITDA) margin decreases to 8.1% from 9.2% primarily on account of job mix and cost overruns on extended stay in a few projects.

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