L&T net down 37% to Rs 606 cr in Q1

L&T net down 37% to Rs 606 cr in Q1

Engineering and Infrastructure major L&T's net for Q1 was down by 37% to Rs 606 crore against Rs 967 crore for the corresponding period last year.

Consolidated gross revenue registered a 7% growth as it rose to Rs 20,460 crore against Rs 18,970 crore.

Consolidated order book of the group stood at Rs 238,973 crore against Rs 195,400 crore , a rise of 26%.

The company won new orders of Rs 26,376 crore.

International orders during quarter at Rs 8,110 crore constituted 31% of the total order flow. Major orders were secured by infrastructure and hydrocarbon segments.