While order inflows were on the upside, L&T’s consolidated profit for the December quarter fell 4% y-o-y to ₹3,215 crore, weighed down by a one-time provision of ₹1,191 crore to comply with India’s new labour codes. Excluding that one-time provision, profit rose by a third y-o-y to ₹4,406 crore.
L&T order inflows in Q3 surge to record ₹1.36 trillion, top expectations
