29-07-2025
India's L&T beats profit estimates on robust overseas orders
July 29 (Reuters) - India's infrastructure giant Larsen & Toubro ( opens new tab beat quarterly profit estimates on Tuesday, and posted a quicker order growth.
The company's consolidated profit after tax stood at 36.17 billion rupees ($416.7 million) for the quarter ended June 30, above analysts' average expectation of 33.68 billion rupees, per data compiled by LSEG.
Total orders grew 33%, faster than the 8% growth a year ago and a 24% growth in the preceeding quarter.
($1 = 86.8100 Indian rupees)
