Page 1

G 1 a ) b ) Other income ( net ) Total Income Income : Revenue from operations 2 Expenses : a ) Manufacturing , construction and operating expenses : i ) Cost of raw materials and components consumed STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30 , 2021 Particulars ii ) Stores , spares and tools consumed iii ) Sub - contracting charges iv ) Construction materials consumed 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 b ) Employee benefits expense c ) Sales , administration and other expenses d ) Finance costs e ) Depreciation , amortisation , impairment and obsolescence Total Expenses 3 Profit before exceptional items and tax ( 1-2 ) 4 Tax expense : a ) Current tax b ) Deferred tax LARSEN & TOUBRO LIMITED Registered Office : L & T House , Ballard Estate , Mumbai 400 001 CIN : L99999MH1946PLC004768 Total tax expense Net profit after tax ( before exceptional items ) from continuing operations ( 3-4 ) Exceptional items : 5 6 a ) Exceptional items before tax b ) Tax expense on exceptional items Exceptional items ( net of tax ) 7 Net profit after tax from continuing operations ( 5 + 6 ) 8 Profit before tax from discontinued operations 9 Tax expense of discontinued operations 10 Net profit after tax from discontinued operations 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 ) ( a ) Basic EPS ( ₹ ) ( b ) Diluted EPS ( * ) 14 Paid - up equity share capital ( face value of share : 2 each ) 15 Other equity 16 Earnings per equity share ( EPS ) from continuing operations after exceptional items ( not annualised ) : annualised ) : ( a ) Basic EPS ( ₹ ) ( b ) Diluted EPS ( * ) 17 Earnings per equity share ( EPS ) from discontinued operations ( not annualised ) : ( a ) Basic EPS ( * ) ( b ) Diluted EPS ( * ) 18 Earnings per equity share ( EPS ) from continuing operations & discontinued operations ( not June 30 , 2021 [ Reviewed ] 13109.00 670.49 13779.49 1287.44 388.32 2920.73 3648.97 239.46 ( 362.83 ) 1772.53 1543.25 645.28 466.92 260.27 12810.34 969.15 Mumbai July 26 , 2021 219.56 ( 0.38 ) 219.18 749.97 749.97 749.97 150.19 900.16 280.92 5.34 5.33 5.34 5.33 Quarter ended March 31 , 2021 [ Reviewed ] [ Note ( vi ) ] 29754.11 674.37 30428.48 1844.24 448.12 8188.71 10803.72 436.69 ( 205.18 ) 2617.22 1325.08 705.61 486.89 301.02 26952.12 3476.36 836.07 173.25 1009.32 2467.04 2467.04 ( 33.58 ) ( 7.65 ) ( 25.93 ) 2441.11 ( 409.85 ) 2031.26 280.91 17.57 17.55 ( 0.18 ) ( 0.18 ) 17.3 17.37 June 30 , 2020 [ Reviewed ] 8149.99 698.26 8848.25 804.76 182.26 1653.07 1784.28 141.11 ( 144.77 ) 1343.14 1357.08 447.45 708.45 234.76 8511.59 336.66 51.00 4.01 55.01 281.65 281.65 33.34 8.41 24.93 306.58 219.52 526.10 280.80 2.00 2.00 0.18 0.18 2.18 2.18 Year ended March 31 , 2021 [ Audited ] Crore 73315.59 3435.44 76751.03 5693.94 1418.59 19625.19 22426.38 1226.68 342.53 7556.80 5474.32 2285.01 2419.55 1025.62 69494.61 ( v ) For better understanding of the Company's financial performance , line items have been added in the previous year to show Profit after tax from continuing operations separately from exceptional items . This is line with guidance available in Schedule III to the Companies Act , 2013 . 7256.42 1434.27 317.01 1751.28 5505.14 ( 2818.65 ) ( 2818.65 ) 2686.49 11199.23 2548.75 8650.48 11336.97 491.55 11828.52 ( ii ) By a business transfer agreement dated May 20 , 2021 , the Company transferred its business undertaking ( ' NXT Digital Business ' ) to Mindtree Limited , a listed subsidiary for a cash consideration of 198.00 crore and net working capital as at the closing date . The transfer was completed on July 1 , 2021 . 280.91 60132.63 Notes : ( i ) The Company's operations were impacted by the second wave of the Covid - 19 pandemic and the recovery was seen in the later part of the quarter ended June 30 , 2021. The company expects to recover the carrying value of assets , based on its assessment of the business / economic conditions and will continue to evaluate the pandemic - related uncertainty and update its assessment . 19.13 19.11 61.61 61.54 ( iii ) During the quarter ended June 30 , 2021 , the Company has allotted 49,614 equity shares of ₹ 2 each fully paid - up , on exercise of stock options by employees in accordance with the Company's stock option schemes . 80.7 80.65 ( iv ) 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 . for LARSEN & TOUBRO LIMITED ( vi ) Figures for the quarter ended March 31 , 2021 represent the difference between audited figures for the financial year and the limited reviewed figures for the nine months period ended December 31 , 2020 . ( vii ) Figures for the previous periods have been regrouped / reclassified to conform to the classification of the current period . ( viii ) The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 26 , 2021. The same have also been subjected to Limited Review by the Statutory Auditors . S. N. SUBRAHMANYAN Chief Executive Officer & Managing Director