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1 Income : a ) Revenue from operations b ) Other income ( net ) Total Income 2 Expenses : a ) Manufacturing , construction and operating expenses : i ) Cost of raw materials and components consumed 3+ & 6 4 a ) b ) Employee benefits expense c ) Sales , administration and other expenses d ) Finance costs e ) Depreciation , amortisation , impairment and obsolescence ii ) Stores , spares and tools consumed iii ) Sub - contracting charges iv ) Construction materials consumed 아 아웅 2 v ) Purchases of stock - in - trade vi ) Changes in inventories of finished goods , stock - in - trade and work - in - progress vii ) Other manufacturing , construction and operating expenses Total Expenses LARSEN & TOUBRO LIMITED Registered Office : L & T House , Ballard Estate , Mumbai 400 001 CIN : L99999MH1946PLC004768 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31 , 2020 Tax expense : Current tax b ) Deferred tax Profit before exceptional items and tax ( 1-2 ) Particulars Total tax expense 5 Net profit after tax ( before exceptional items ) from continuing operations ( 3-4 ) 6 Exceptional items : a ) Exceptional items before tax b ) Deferred tax Exceptional items ( net of tax ) Net profit / ( loss ) after tax from continuing operations ( 5 + 6 ) Profit before tax from discontinued operations Tax expense of discontinued operations 10 Net profit after tax from discontinued operations [ Note ( i ) ] 11 Net profit after tax from continuing operations & discontinued operations ( 7 + 10 ) 12 Other Comprehensive Income ( net of tax ) 13 Total Comprehensive Income ( 11 + 12 ) 14 Paid - up equity share capital ( face value of share : * 2 each ) 15 Other equity ( a ) Basic EPS ( ³ ) ( b ) Diluted EPS ( * ) 16 Earnings per equity share ( EPS ) from continuing operations after exceptional items ( not annualised ) : 17 Earnings per equity share ( EPS ) from discontinued operations ( not annualised ) : ( a ) Basic EPS ( ₹ ) annualised ) : ( a ) Basic EPS ( * ) ( b ) Diluted EPS ( * ) ( b ) Diluted EPS ( * ) 18 Earnings per equity share ( EPS ) from continuing operations & discontinued operations ( not December 31 , 2020 [ Reviewed ] 19619.81 1127.66 20747.47 1713.07 374.54 5574.77 5614.45 348.89 297.79 1905.82 1395.76 530.91 567.81 240.42 18564.23 Mumbai January 25 , 2021 2183.24 354.05 124.29 478.34 1704.90 1704.90 213.08 45.21 167.87 1872.77 519.15 2391.92 280.85 12.14 12.13 1.20 1.19 13.34 13.32 Quarter ended September 30 , 2020 [ Reviewed ] 15791.68 935.15 16726.83 1331.87 413.67 4208.64 4223.93 299.99 394.69 1690.62 1402.63 594.81 656.40 249.42 15466.67 1260.16 193.15 15.46 208.61 1051.55 ( 2818.65 ) ( 2818.65 ) ( 1767.10 ) 10986.39 2502.78 8483.61 6716.51 162.73 6879.24 280.81 ( 12.59 ) ( 12.59 ) 60.42 60.42 47.83 47.83 December 31 , 2019 [ Reviewed ] 19885.85 632.93 20518.78 1417.56 417.97 5772.69 6375.85 245.15 ( 73.41 ) 1992.76 1505.44 768.08 589.81 244.51 19256.41 1262.37 211.52 ( 6.42 ) 205.10 1057.27 1057.27 250.02 61.20 188.82 1246.09 82.82 1328.91 280.72 7.53 7.53 1.35 1.34 8.88 8.87 Nine months ended December 31 , 2020 [ Reviewed ] 43561.48 2761.07 46322.55 3849.70 970.47 11436.48 11622.66 789.99 547.71 4939.58 4158.22 1570.42 1932.66 724.60 42542.49 3780.06 598.20 143.76 741.96 3038.10 ( 2818.65 ) ( 2818.65 ) 219.45 11232.81 2556.40 8676.41 8895.86 901.40 9797.26 280.85 1.56 1.56 61.80 61.74 63.36 63.30 December 31 , 2019 [ Reviewed ] 55130.90 2006.20 57137.10 4075.89 1276.47 15330.21 17795.08 630.25 ( 391.82 ) 5770.89 4530.23 1898.55 1702.85 763.46 53382.06 3755.04 759.60 ( 304.77 ) 454.83 3300.21 626.99 16.68 610.31 3910.52 680.15 166.10 514.05 4424.57 ( 352.37 ) 4072.20 280.72 27.87 27.83 3.66 3.66 31.53 31.49 for LARSEN & TOUBRO LIMITED Crore Year ended March 31 , 2020 [ Audited ] 82383.65 2807.87 85191.52 5486.99 1520.47 22488.74 28632.03 S. N. SUBRAHMANYAN Chief Executive Officer & Managing Director 855.63 ( 64.01 ) 7962.36 5955.98 2707.34 2266.56 1020.51 78832.60 6358.92 1508.92 ( 564.45 ) 944.47 5414.45 626.99 16.68 610.31 6024.76 865.38 210.93 654.45 6679.21 ( 518.92 ) 6160.29 280.78 51894.57 42.93 42.87 Notes : ( i ) During the quarter ended December 31 , 2020 , the Company in terms of the Business Transfer Agreement for divestment of its Electrical & Automation ( E & A ) business to Schneider Electric India Private Limited ( a ) accrued further sale consideration on fulfilment of relevant covenants ( b ) updated financial estimates of post - transaction closing adjustments . Consequently , Profit after tax from discontinued operations for the quarter and nine months ended December 31 , 2020 includes gain on divestment 165.89 crore and 8582.71 crore respectively . The Company expects final closure of the divestment of E & A business in the quarter ending March 31 , 2021 . ( iii ) For better understanding of the Company's performance , line items have been added to show Profit after tax from continuing operations separately from exceptional items . This is in line with guidance available in Schedule III to Companies Act , 2013 . ( iv ) Financials for the previous periods have been recast to include the financials of erstwhile L & T Shipbuilding Limited which merged with the Company with effect from April 1 , 2019 . ( ii ) During the quarter , the Company's operations recovered further from the economic slowdown caused by the Covid - 19 pandemic . Based on its assessment of business / economic conditions as on date , the Company expects to recover the carrying value of its assets . The Company will continue to evaluate the pandemic related uncertainty with respect to the future economic conditions and update its assessment . 4.66 4.66 47.59 47.53 ( v ) The Company 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 . ( vi ) During the quarter ended December 31 , 2020 , the Company has allotted 2,21,850 equity shares of ₹ 2 each fully paid - up , on exercise of stock options by employees in accordance with the Company's stock option schemes . ( vii ) Figures for the previous periods have been regrouped / reclassified to conform to the classification of the current periods . ( viii ) The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 25 , 2021. The same have also been subjected to Limited Review by the Statutory Auditors .