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L&T Q2 profit rises 7% YoY to Rs 2,770 crore, meets Street estimates

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Engineering and construction major Larsen & Toubro (L&T) on Wednesday posted a 6.83 per cent year-on-year (YoY) rise in net profit at Rs 2,770.43 crore for the quarter ended September 2019. It had posted a net profit of Rs 2,593.41 crore in the corresponding quarter last year. Consolidated revenue of the company increased 15.16 per cent YoY to Rs 35328.45 crore during the quarter under review.

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