L&T Profit Surges

  •  Larsen & Toubro (L&T) reported a strong start to the financial year with a 12% jump in net profit to Rs 2,786 crore for the quarter ended June 30, 2024.
  • The engineering and construction giant’s revenue from operations also grew by 15% year-on-year to Rs 55,120 crore.
  • L&T secured new orders worth Rs 70,936 crore during the quarter, demonstrating robust order book execution.
  • The company attributed the strong performance to steady growth across all financial parameters despite global challenges.
  • L&T's shares gained momentum following the announcement of the impressive results.

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