l&t q2 outcomes: L&T Q2 Outcomes: Web revenue jumps 45% YoY to Rs 3,223 crore, beats estimates

Infrastructure main Larsen and Toubro (L&T) on Tuesday reported a consolidated web revenue of Rs 3,223 crore for the quarter ended September 2023. That is larger by 45% in contrast with Rs 2229 crore reported within the corresponding quarter of the earlier 12 months.

The revenue was larger than the ET Now Ballot estimate of Rs 2,858 crore.

Consolidated revenues for the second quarter rose 19% to Rs 51,024 crore, primarily aided by improved execution of the massive order guide and accelerated progress within the tasks and manufacturing portfolio.

The corporate obtained orders value Rs 89,153 crore on the group degree throughout the quarter ended September, 2023, registering sturdy progress of 72% year-on-year.

Extra to return….

(What’s shifting Sensex and Nifty Observe newest market information, inventory suggestions and skilled recommendation on ETMarkets. Additionally, ETMarkets.com is now on Telegram. For quickest information alerts on monetary markets, funding methods and shares alerts, subscribe to our Telegram feeds.)

Obtain The Financial Occasions Information App to get Every day Market Updates & Reside Enterprise Information.

Prime Trending Shares: Sensex As we speak Reside, SBI Share Worth, Axis Financial institution Share Worth, HDFC Financial institution Share Worth, Infosys Share Worth, Wipro Share Worth, NTPC Share Worth