L&T Q1 results: Net profit rises 45% to <span class='webrupee'>₹</span>1,702 cr; revenue jumps over 22%

[Bilgin]

L&T Q1 results: Net profit rises 45% to <span class='webrupee'>₹</span>1,702 cr; revenue jumps over 22% Infrastructure giant, Larsen &amp; Toubro (L&amp;T) registered nearly 45% growth in consolidated net profit of ₹1,702 crore in the quarter ending June 30, 2022 (Q1FY23) over the corresponding quarter of the previous year. Notably, both PAT and revenue declined by 52.99% and 32.16% sequentially.