Larsen & Toubro Ltd on Thursday reported Q3FY25 profit at Rs 3358.84 crore, recording a growth of 13.96 per cent in comparison to Rs 2947.36 crore during the same quarter of FY24, missing estimates. It posted revenue from operations at Rs 64,667.78 crore, up 17.31 per cent as against Rs 55,127.82 crore during the third quarter of previous financial year, on the back of strong order book and ramp up in execution momentum across its Projects & Manufacturing (P&M) businesses. According to a CNBC TV18 poll, L&T was expected to post Q3 profit at Rs 3762 crore and revenue for the period was estimated at Rs 63,750 crore.
For the nine months ended December 31, 2024, the consolidated revenues at Rs 181,342 crore, up 18 per cent YoY with international revenues during the nine months at Rs 91,070 crore, and this constituted 50 per cent of the total revenues. Consolidated profit stood at Rs 9,540 crore, up 10 per cent YoY.
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Order book status: Highest quarterly order inflow
L&T received its highest ever quarterly orders of Rs 116,036 crore at the group level during the quarter ended December 31, 2024, up 53 per cent YoY. During the quarter, it said, orders were received across multiple geographies and diverse sectors like Thermal Power, Renewable, Power Transmission, Precision Engineering, Minerals & Metals, Water, Commercial Buildings and Hydrocarbon Onshore.
International orders were at Rs 62,059 crore during the quarter and this comprised 53 per cent of the total order inflow.
On a cumulative basis, the order inflow for the nine months ended December 31, 2024 stood at Rs 267,018 crore, registering a growth of 16 per cent YoY. International orders, meanwhile, stood at Rs 144,739 crore during the nine months and this constituted 54 per cent of the total.
The consolidated order book of the group as on December 31, 2024 came in at Rs 564,223 crore, up 19 per cent over March 2024, with the share of international orders at 42 per cent.
SN Subrahmanyan, Chairman and Managing Director, L&T, said, “This quarter has ended on a strong note for us. We have achieved the highest ever quarterly order inflow in the company’s history,
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