Larsen & Toubro (L&T) reported a 33% year-on-year rise in consolidated net profit to Rs 5,202 crore for the second quarter of the current financial year, according to the company’s results.
The engineering and construction major also said its revenue for the quarter beat estimates, while its orderbook jumped 28% compared with the year-ago period.
The latest quarterly performance was driven by stronger business momentum across its operations. The company’s order pipeline remains firm as it moves through the current financial year.
