Larsen & Toubro · NSE: LT · BSE: 500510

Q2 FY21 results · Jul–Sep 2020

Larsen & Toubro reported revenue from operations of ₹31,034.74 crore (down 12.2% from Q2 FY20) and net profit of ₹5,823.99 crore (up 110.2% from Q2 FY20) for Q2 FY21 (Jul–Sep 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	31,034.74	35,328.45	−12.2%	21,259.97	+46.0%
Other income	559.03	596.44	−6.3%	777.40	−28.1%
Total income	31,593.77	35,924.89	−12.1%	22,037.37	+43.4%
Profit before share of associates & JVs and tax	(1,780.30)	3,302.75	Turned loss	894.46	Turned loss
Share of profit/(loss) of associates & JVs	(52.55)	40.04		(101.14)
Net profit for the period	5,823.99	2,770.43	+110.2%	543.93	+970.7%
Attributable to shareholders of the company	5,520.27	2,527.26	+118.4%	303.14	18x
EPS, basic (₹)	39.32	18.01	+118.3%	2.16	18x
Net margin (%)	18.8	7.8		2.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	15,791.68	18,751.69	−15.8%	8,149.99	+93.8%
Other income	935.15	1,022.16	−8.5%	698.26	+33.9%
Total income	16,726.83	19,773.85	−15.4%	8,848.25	+89.0%
Profit before tax	(1,558.49)	1,766.46	Turned loss	336.66	Turned loss
Net profit for the period	6,716.51	1,983.60	+238.6%	306.58	22x
EPS, basic (₹)	47.83	14.14	+238.3%	2.18	22x
Net margin (%)	42.5	10.6		3.8

Consolidated

Filed with BSE: 29 Oct 2020, 20:33 IST
Board meeting: 28 Oct 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 29 Oct 2020, 20:33 IST
Board meeting: 28 Oct 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE