L&T Q2 revenue rises 21% to ₹61,555 cr, orders trip on high base of last year
1 month, 3 weeks ago

L&T Q2 revenue rises 21% to ₹61,555 cr, orders trip on high base of last year

Live Mint  

Infrastructure and engineering major Larsen & Toubro displayed a robust financial performance in the quarter ended 30 September, but new order inflows tripped on a high base of last year and post-election sluggishness. International business also helped L&T beat the blues in terms of order booking, with more than three-fifths of new orders in the mainstay infrastructure projects segment coming from overseas. “That being said, it is creditable that the company has been able to maintain its win rate in the opportunities it has been bidding for so far.” The country’s largest infrastructure maker recorded a 5% year-on-year growth in consolidated net profit during the quarter at ₹3,395 crore. The energy projects division booked fresh orders of ₹7,759 crore compared to ₹40,141 crore last year, when it had booked two large hydrocarbon orders.

History of this topic

L&T Finance Q2 Net Profit Soars 17% to Rs 696 Crore
2 months ago
L&T Q1 results: Net profit rises 12% to ₹2,786 crore; here are 5 key highlights
5 months ago
L&T orders shine, but margins dull
1 year, 1 month ago
L&T’s net profit soars 45% in Q2 to ₹3,223 crore
1 year, 1 month ago
L&T Q1 net profit may rise 25% YoY at ₹2,130 crore; to consider share buyback
1 year, 5 months ago
L&T Q4 results: Consolidated PAT rises 10% YoY to ₹3,987 cr, declares dividend
1 year, 7 months ago
L&T Q2: Consolidated net profit rises by 22.5% to ₹2,229 cr
2 years, 1 month ago
Order book a plus, but HAL must get execution right
2 years, 3 months ago
L&T Q4 Results: Net Profit Jumps 10% YoY To Rs 3,621 Crore; Revenue Up To Rs 52,851 Crore
2 years, 7 months ago

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