Larsen & Toubro (L&T) reported a 14% year-on-year (YoY) increase in consolidated net profit for Q3FY25, reaching ₹3,358.84 crore, compared to ₹2,947.36 crore in the same quarter last year. However, on a sequential basis, net profit declined by 1.07%.
L&T’s consolidated revenue from operations rose 17.3% YoY to ₹64,667.78 crore in Q3FY25, up from ₹55,127.82 crore in Q3FY24. Sequentially, revenue increased by 5.1%. The strong revenue growth was driven by a robust order book and increased execution in the Projects & Manufacturing (P&M) sectors.
The company’s international revenue for the quarter stood at ₹32,764 crore, contributing 51% of the total revenue. This reflects L&T’s expanding presence in global markets, particularly in its international P&M portfolio.
L&T reported Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ₹6,255 crore for Q3FY25, compared to ₹5,759 crore in the same quarter last year. However, the EBITDA margin declined to 9.7% from 10.4% in Q3FY24.
L&T secured its highest-ever quarterly orders, totalling ₹1,16,036 crore in Q3FY25, marking a 53% YoY increase. The new orders came from multiple sectors, including:
International orders accounted for ₹62,059 crore, making up 53% of the total order inflow.
As of December 31, 2024, L&T’s total order book stood at ₹5,64,223 crore, reflecting a 19% increase from March 2024. International orders contributed 42% of the total, further strengthening the company’s global footprint.
Larsen & Toubro Limited (L&T) is a large Indian multinational company that is involved in various industries. It operates in engineering, construction, manufacturing, power, industrial technology, IT, defence, and financial services. The company is based in Mumbai, Maharashtra.
As of January 31, 2025, at 10:10 AM IST, L&T share price is trading at ₹3,558.00, up ₹137.05 (4.01%) for the day. The stock opened at ₹3,501.05, reached a high of ₹3,590.00, and hit a low of ₹3,481.05. The company has a market capitalisation of ₹4.89 lakh crore, a price-to-earnings (P/E) ratio of 36.19, and a dividend yield of 0.79%. The stock’s 52-week high is ₹3,963.50, while its 52-week low is ₹3,175.05.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 31, 2025, 10:24 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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