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hatWillNotBeReclassifiedToProfitAndLoss35005102022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15005102022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25005102022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss35005102022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15005102022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss25005102022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss35005102022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss45005102022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss55005102022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15005102022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss25005102022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss35005102022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss45005102022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss5iso4217:INRxbrli:pureiso4217:INRxbrli:shares500510LTINE018A01030LARSEN & TOUBRO LIMITEDEquity2022-04-012023-03-312022-10-312022-10-17INRCroresHalf yearlyMulti segment2022-10-3111:00:002022-10-3116:20:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedConsolidated42762610000073853000004350114000001481164000003035800000-1409750000091662900000835650000086017000001499142000003955900000003942140000003942140000012419400000-119000000011229400000028192000000000-33940000027852600000-8678750000191738500002228970000055629000001532460000038492000002810400000215.86215.8490015.86215.8490.01330.04880.0498Notes: <BR> <BR> (i) During the quarter, the Company has allotted 45,978 equity shares of ` 2 each fully paid-up, on exercise of stock options by employees in accordance with the Company's stock option schemes. <BR> <BR> (ii) The Group will assess the impact of Code on Wages, 2019 and the Code on Social Security, 2020 and give effect in the financial statements when the date of implementation of these codes and the Rules/Schemes thereunder are notified. <BR> <BR> (iii) The Company reports its consolidated financial results on a quarterly basis. The standalone financial results are available on the Company's website viz. www.larsentoubro.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). The specified items of the standalone financial results of the Company for the quarter and six months ended September 30, 2022 are given below: <BR> <BR> ....................................................................................................................................... <BR> Rs. Crore <BR> Particulars Quarter ended <BR> September 30, 2022 June 30, 2022 September 30, 2021 <BR> [Reviewed] [Reviewed] [Reviewed] <BR> ....................................................................................................................................... <BR> a) Revenue from operations 25769.75 20211.69 21288.20 <BR> b) Profit before exceptional items and tax 2545.54 1267.34 2268.78 <BR> c) Profit before tax 2545.54 1267.34 2536.07 <BR> d) Net profit after tax 2109.47 911.22 2145.62 <BR> ....................................................................................................................................... <BR> Rs. Crore <BR> Particulars Six months ended <BR> September 30, 2022 September 30, 2021 March 31 ,2022 <BR> [Reviewed] [Reviewed] [Audited] <BR> ....................................................................................................................................... <BR> a) Revenue from operations 45981.44 37896.07 101000.41 <BR> b) Profit before exceptional items and tax 3812.89 3595.61 9741.41 <BR> c) Profit before tax 3812.89 3862.90 10008.70 <BR> d) Net profit after tax 3020.68 3155.11 7879.45 <BR> ....................................................................................................................................... <BR> <BR> (iv) Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods. <BR> <BR> (v) The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 31, 2022.The same have also been subjected to Limited Review by the Statutory Auditors.2022-04-012022-09-30UnauditedConsolidated786158100000143325000008004906000002780151000005029000000-2932510000017722240000015917000000182357000002666557000007317498000006874080000006874080000021941200000-432250000017618700000051122100000000-98620000050135900000-182382500003189765000039310400000108255000002409500000078026000002810400000227.97627.9520027.97627.9520.01330.01290.0471Sub-contracting charges64950000000Other manufacturing, construction and operating expenses50728300000Sales, administration and other expenses19552700000Finance cost of financial services business and finance lease liability14683200000Sub-contracting charges100224100000Other manufacturing, construction and operating expenses93996700000Sales, administration and other expenses43187600000Finance cost of financial services business and finance lease liability29247300000128083600000221242000003519680000074663000000182662400000102230000002674330000077588200000051839360000020155500000616137300000344339000006500990000011860767000006371440000028558740000044011340000011317860000062599600000402152300000392214000001342852700000062742820000020339953000007870100000032279421000002810400000815538800000818349200000133989600000952338800000567805300000019827300000587632600000825310000067556000000867500000603508800000702662300000437578600000841795000001224420400000400625900000337960000001276990000001671612200000482300000022756033000003227942100000Notes: <BR> <BR> (i) Statement of Cash Flows has been prepared under the indirect method as set out in the Indian Accounting Standard (Ind AS) 7 “Statement of Cash Flows” as specified in the Companies (Indian Accounting Standards) Rules, 2015. <BR> <BR> (ii) Fixed assets include property, plant and equipment, investment property and intangible assets adjusted for movement of (a) capital work-in-progress for property, plant and equipment and investment property and (b) Intangible assets under development during the period.Infrastructure Projects196682100000Energy Projects55934100000Hi-Tech Manufacturing15889400000IT & Technology Services101839100000Financial Services31518600000Development Projects13446000000Others17431750000Less: Inter-segment assets0Less: Inter-segment liabilities0Infrastructure Projects340687200000Energy Projects106809300000Hi-Tech Manufacturing29770100000IT & Technology Services196441300000Financial Services61100000000Development Projects26899900000Others33750600000Less: Inter-segment assets0Less: Inter-segment liabilities043274105000079545840000051149000009300300000427626150000786158100000Infrastructure Projects10667900000Energy Projects4192400000Hi-Tech Manufacturing2216300000IT & Technology Services18928000000Financial Services6132200000Development Projects-115300000Others2426950000Less: Inter-segment assets0Less: Inter-segment liabilities0Infrastructure Projects17529700000Energy Projects7989300000Hi-Tech Manufacturing3719300000IT & Technology Services36676500000Financial Services9687700000Development Projects-326300000Others4943150000Less: Inter-segment assets0Less: Inter-segment liabilities04444845000080219350000835650000015917000000-3329500000-44385000003942145000068740850000Infrastructure Projects836493300000Energy Projects226366200000Hi-Tech Manufacturing85779700000IT & Technology Services349732600000Financial Services1062038000000Development Projects277077800000Others145305900000Less: Inter-segment assets-28865300000Less: Inter-segment liabilities029539282000002740139000003227942100000Infrastructure Projects579537900000Energy Projects185463300000Hi-Tech Manufacturing51672600000IT & Technology Services81386500000Financial Services870215400000Development Projects77929000000Others66328500000Less: Inter-segment assets0Less: Inter-segment liabilities-2886530000018836679000003919354000002275603300000Notes: <BR> <BR> (I) The Group has reported segment information as per Ind AS 108 "Operating Segments". The identification of operating segments is consistent with performance assessment and resource allocation by the management. <BR> (II) Effective from April 1, 2022, the operating segments have been reorganised by the Group’s Corporate Executive Management to reflect business portfolio as per the Strategic Plan – Lakshya 2026 where the Group will focus on Projects, Hi-Tech Manufacturing and Services businesses. <BR> <BR> The changes in the segment composition are summarised as follows: <BR> <BR> a) Hydrocarbon and Power business primarily involved in EPC/turnkey solutions in Energy sector reorganised as “Energy Projects” segment to reflect the Group's entry into Green Energy space and integrated pursuit of opportunities in a rapidly transforming Energy sector. <BR> <BR> b) Heavy Engineering and Defence Engineering business, engaged in manufacturing of complex equipment reorganised as “Hi-Tech Manufacturing” segment to leverage the extensive engineering, manufacturing and fabrication expertise across the various customer segments. <BR> <BR> c) E-commerce/digital platforms business, earlier reported under “Others” segment, would be part of “IT & Technology Services” segment. <BR> <BR> The revised Segment composition: Infrastructure Projects segment comprises engineering and construction of (a) building and factories, (b) transportation infrastructure, (c) heavy civil infrastructure, (d) power transmission & distribution, (e) water & effluent treatment and (f) minerals and metals. Energy Projects segment comprises EPC/turnkey solutions in (a) Hydrocarbon business covering Oil & Gas industry from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning, (b) Power business covering Coal-based and Gas-based thermal power plants including power generation equipment with associated systems and/or balance-of-plant packages and (c) EPC solutions in Green Energy space. Hi-Tech Manufacturing segment comprises (a) design, manufacture and supply of (i) custom designed, engineered critical equipment & systems to core sector industries like Fertiliser, Refinery, Petrochemical, Chemical, Oil & Gas and Thermal & Nuclear Power (ii) equipment, systems and platforms for Defence and Aerospace sectors and (b) design, construction and repair/refit of defence vessels. IT & Technology Services segment comprises (a) information technology and integrated engineering services and (b) E-commerce/digital platforms & data centres. Financial Services segment comprises retail finance, wholesale finance and asset management. Development Projects segment comprises (a) development, operation and maintenance of infrastructure projects, toll and fare collection and (b) power generation & development – (i) thermal power (ii) hydel power (upto the date of divestment) and (iii) Green Energy. Others segment includes (a) realty, (b) manufacture and sale of industrial valves, (c) smart world & communication projects (including military communications), (d) manufacture, marketing and servicing of construction equipment and parts thereof, (e) marketing and servicing of mining machinery and parts thereof and (f) manufacture and sale of rubber processing machinery. <BR> <BR> (III) Segment revenue comprises sales and operational income allocable specifically to a segment and includes in the case of Development Projects and Realty business (grouped under "Others" segment) profits on sale of stake in the subsidiary and/or joint venture companies in those segments. Segment result represents profit before interest and tax. Unallocable corporate income primarily includes interest income, dividends and profit on sale of investments. Unallocable expenditure mainly includes corporate expenses not allocated to segments. <BR> Unallocable corporate assets mainly comprise investments. Investment in joint ventures and associates identified with a particular segment are reported as part of the segment assets of those respective segments. Unallocable corporate liabilities mainly comprise borrowings. In respect of (a) Financial Services segment and (b) Development Projects segment relating to a power generation asset given on finance lease, segment liabilities include borrowings as finance costs on the borrowings are accounted as segment expense. <BR> <BR> (IV) In respect of most of the segments of the Group, revenue and margins do not accrue uniformly during the year. <BR> <BR> (V) Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods.1591700000068700000-12713400000000-47717510000236256200000-244247000000001823570000000000-890400000446000007930800000105350000000-5750000000-982000000-354940900003324671000000026953900000062928100000172300000196745000001506220000000003313000001666880000000000000000000493000000014380000069710000000-13522300000-182557000000000004670000001921819000001515416000000282850000030914200000181119000000-3884300000-15051900000-270147900002490990000-24523800000137702400000113178600000Equity instruments through other comprehensive income0Remeasurements of the net defined benefit plans-181000000Share in other comprehensive income of joint ventures/associates (net)493500000312500000Equity instruments through other comprehensive income0Remeasurements of the net defined benefit plans232800000Share in other comprehensive income of joint ventures/associates (net)159900000392700000-3990000037400000Debt instruments through other comprehensive income234800000Foreign Currency Translation Reserve-389500000Effective portion of gains and losses on hedging instruments in a cash flow hedge-11082050000Cost of hedge reserve-191700000Share in other comprehensive income of joint ventures/associates (net)67700000-11360750000Debt instruments through other comprehensive income-2692800000Foreign Currency Translation Reserve-454400000Effective portion of gains and losses on hedging instruments in a cash flow hedge-21005450000Cost of hedge reserve22000000Share in other comprehensive income of joint ventures/associates (net)205100000-23925550000-2329600000-5332000000