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Hot Pursuit News

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(24 Jul 2024, 18:00)

L&T Q1 PAT rises 12% YoY to Rs 2,786 cr

The EPC major's consolidated net profit rose 11.74% to Rs 2,785.72 crore on 15.12% increase in revenue from operations to Rs 55,119.82 crore in Q1 FY25 over Q1 FY24.


The company achieved revenue growth with robust execution witnessed in the Projects & Manufacturing (P&M) portfolio on the back of a large order book. International revenues during the quarter stood at Rs 26,248 crore constituted 48% of the total revenues.

Profit before tax grew by 7.95% year on year to Rs 4,676.65 crore in quarter ended 30 June 2024.

EBITDA in Q1 FY25 was at Rs 5,615 crore, up 15% from Rs 4,869 crore reported in Q1 FY24. EBITDA margin remained constant at 10.2% in Q1 FY25 as compared to Q1 FY24.

Larsen & Toubro (L&T) received orders worth Rs 70,936 crore at the group level during the quarter ended 30 June 2024, registering a YoY growth of 8% aided by the strong ordering momentum in the Middle East.

During the quarter, orders were received across multi...

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