Image Source: Business Today
Larsen & Toubro reported consolidated revenue of Rs 679.84 billion and net profit of Rs 39.26 billion for Q2 FY25, buoyed by rising capital expenditure in India and the Middle East. The engineering giant remains upbeat about its order book, projecting sustained project inflows across infrastructure and hydrocarbon sectors.
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Robust Financial Performance:
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Consolidated revenue from operations stood at Rs 679.84 billion in Q2 FY25.
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Net profit surged to Rs 39.26 billion, reflecting strong execution and improved margins across segments.
Capex-Driven Growth:
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The company continues to witness higher capital expenditure activity, both in India and the Middle East.
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Infrastructure, energy, and manufacturing projects have driven the uptick in order flows.
Positive Future Outlook:
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L&T remains optimistic about its order prospects, citing robust demand visibility and ongoing government and private sector investments.
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The company expects sustained order intake across core businesses such as heavy engineering, power transmission, and hydrocarbon projects.
Strategic Focus:
Management highlighted efficient project execution and diversification as key growth enablers for the remainder of FY25.
Sources: Reuters, NSE filings, company statements.
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