Mumbai, November 22, 2016: Larsen & Toubro recorded Consolidated Gross Revenue
of ` 25011 crore for the quarter ended September 30, 2016, registering an increase of
8.2% on a y-o-y basis. The International revenue during the quarter at ` 8930 crore
constituted 36% of the total revenue. For the half year April-September 2016, the
Consolidated Gross Revenue at ` 46885 crore recorded a y-o-y increase of 8.6%.
The Company continued the momentum of order intake during the second quarter ended
September 2016. The consolidated order inflow at ` 31119 crore during the quarter
registered a y-o-y increase of 11%. The International orders at ` 7386 crore constituted
24% of the total order inflow. On a cumulative basis, the order inflow for the half-year
ended September 30, 2016 stood at ` 60821 crore. Major orders were secured by
Infrastructure and Hydrocarbon Segments.
Consolidated Order Book of the group stood healthy at ` 251773 crore as on
September 30, 2016, higher by 4% on a y-o-y basis. International Order Book constituted
29% of the total Order Book.
Consolidated Profit After Tax (PAT) before exceptional items for the quarter ended
September 30, 2016 at ` 1032 crore was higher by 41% y-o-y. As a part of implementation
of its Startegic Plan, the Company has divested the General Insurance business. Inclusive
of the gain on divestment, the Company recorded overall PAT for the quarter ended
September 30, 2016 at ` 1435 crore vis-à-vis PAT of ` 778 crore for the corresponding
quarter of the previous year. For the half-year ended September 30, 2016, the overall
PAT was ` 2044 crore as compared to ` 1197 crore recorded for the corresponding period
of the previous year.
For more information please visit: www.larsentoubro.com
