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Though core projects lagged, other segments supported the growth momentum
The company enjoys a robust order book, and diversified business portfolio. The company’s consolidated order book reached Rs 5.8 lakh crore, reflecting a 22 percent YoY increase.
Net profit is expected to increase around 10 percent YoY from Rs 4,396 crore. Earnings before Interest, Taxes, Depreciation and Amortisation (EBITDA) margin is expected to increase to around 10.9 percent from 10.8 percent in Q4FY25.
Increased local infrastructure spend and healthy international opportunities should provide fillip to earnings
L&T is set to report its Q2FY25 earnings on October 30. A strong order book is likely to sustain revenue growth along with revival in domestic orders inflows after the state election.
Larsen and Toubro (L&T) is expected to report a 15% YoY increase in net profit to Rs 2,876 crore and a 9.6% YoY rise in revenue to Rs 52,518 crore for Q1FY25.
CFO says Middle East growth is looking at more broad-based translating into more opportunities for L&T
Strap: Strong order inflows, better execution, and momentum in capex cycle augur well for the company