L&T registers 1.4 pct rise in Consolidated Gross Revenue
The International revenue during the quarter at Rs. 9590 crore constituted 36% of the total revenue. For the nine months April-December 2016, the Consolidated Gross Revenue at Rs. 73183 crore recorded a y-o-y increase of 5.9%.
The Company garnered fresh orders worth Rs. 34885 crore at the group level during the quarter ended December 31, 2016, amid subdued business environment.
The International orders at Rs. 11865 crore constituted 34% of the total order inflow. On a cumulative basis, the order inflow for the nine months period ended December 31, 2016 stood at Rs. 95706 crore.
Major orders were secured by Infrastructure and Hydrocarbon Segments. Consolidated Order Book of the group stood healthy at Rs. 258585 crore as on December 31, 2016, higher by 1.4% on a y-o-y basis. International Order Book constituted 29% of the total Order Book. Consolidated Profit After Tax (PAT) for the quarter ended December 31, 2016 at Rs. 972 crore, was higher by 39% y-o-y.
For the nine months period ended December 31, 2016, the overall PAT was ` 3017 crore, higher by 59% y-o-y, as compared to Rs. 1898 crore recorded for the corresponding period of the previous year.
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