Larsen & Toubro (L&T) has made a net profit of ₹ 3,359 crore by performing tremendously in the third quarter (Q3). Comparing the same quarter of last year, the company’s profits have increased by 14%. The company’s total earnings in this quarter were ₹ 64,668 crore, which is 17% higher on an annual basis. The rapid delivery of big projects and great booking of new deals were due to this tremendous growth.
The most important thing is that ₹ 32,764 crore earned from international projects, which is 51% of the total income. This means that the company’s foreign projects are also at a strong speed.
If we talk about the last nine months, L&T has earned ₹ 1,81,342 crore, with an annual growth of 18%. During this period, international projects earned an income of ₹ 91,070 crore, which is 50% of the total earnings.