L&T Q3 Results: Engineering and Construction Company Larsen & Tubr Limited (L&T) has released the results of the third quarter of FY25 on 30 January today. The company’s net profit in the October-December quarter has increased by 14 per cent on an annual basis. The company has registered a profit of Rs 3359 crore during this period. The figure was Rs 2947 crore in the same quarter of last year. The company’s shares have fallen by 0.85 per cent today and this stock has closed at Rs 3419.80 on BSE. The company has released the results after the market was closed.
Larsen & Tubro’s revenue increased by 17 per cent to Rs 64,668 crore in the third quarter of FY25, as compared to Rs 55,128 crore in the third quarter of FY24. Larsen & Tubero’s December quarter results were weak by analysts estimated.
According to the average of the Moneycontrol Poll between six brokerage companies, this major company in the engineering, procurement and construction (EPC) region was expected to increase by about 18 per cent to Rs 65,065 crore on an annual basis. At the same time, the net profit was expected to increase from Rs 2947 crore on a annual basis of about 24 per cent.