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….

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