Engineering conglomerate Larsen & Toubro (L&T) on Wednesday posted a 5.4 percent rise in its year-on-year (Y-o-Y) net profit (attributable to owners of the company) to ₹3,395 crore for the second quarter of the current financial year (Q2FY25).
L&T expects domestic orders to pick up momentum for the remainder of FY25 after moderating in the first two quarters. Its Q2 earnings were helped by better execution, however, offset by a one-time income recorded for the comparative quarter a year ago.
New orders won in the quarter under review for the company declined 10 percent Y-o-Y to ₹80,045 crore. L&T management noted, the moderation in domestic orders was anticipated and they expect a pick-up going ahead.
この記事は Business Standard の October 31, 2024 版に掲載されています。
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