Mumbai, Oct. 27 -- Engineering and infrastructure giant Larsen & Toubro has reported a 56 percent year-on-year growth in consolidated adjusted profit at Rs 1,723 crore in the September 2021 quarter.

The adjusted profit excluded exceptional items and discontinued operations.

In the same quarter in FY21, the profit was bolstered by a one-time gain due to the sale of electrical and automation business to Schneider Electric, France.

The profit for the quarter at Rs 1,819.45 crore declined by 67 percent compared to Rs 5,520.27 crore in Q2FY21.

L&T bagged orders worth Rs 42,140 crore during the quarter ended September 30, 2021, registering a robust growth of 50 percent over the corresponding period of the previous year

The consolidated ord...