New Delhi, Oct 31 (PTI) Engineering and construction giant Larsen & Toubro (L&T) on Tuesday reported a 44.5 per cent increase in its consolidated net profit to Rs 3,222.63 crore for the quarter ended September 30, 2023.

The company had posted a consolidated net profit of Rs 2,228.97 crore in the year-ago period, L&T said in a regulatory filing.

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The consolidated income of the company during July-September 2023 increased to Rs 52,157.02 crore from Rs 43,501.14 crore in the year-ago period.

"The company for the quarter ended September 30, 2023, posted a consolidated Profit After Tax (PAT) of Rs 3,223 crore, registering a significant growth of 45 per cent compared to the corresponding quarter of the previous year," the company said in a statement.

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Larsen & Toubro is a USD 23 billion Indian multinational engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.

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