Larsen and toubro q2 results

It reported consolidated net profit of Rs 2, crore in the year-ago period. The company said it saw "improved execution of the large order book and accelerated progress in the Projects and Manufacturing portfolio" in the September quarter. All our businesses — Projects, Manufacturing and Services have larsen and toubro q2 results.

Ramesh has been appointed as an Independent Director of the Company for a term of 5 years with effect from October 31, upto October 30, , subject to approval of shareholders of the company. Headwinds from global economic slowdown and declining global trade continue to pose event risks. While major central banks are signaling a peaking of their rate hike cycle, there are indications that the tight monetary policy stance could persist for longer than expected. The recent conflict in the Middle East has raised concerns about potential increase in crude prices that can worsen the already fragile global economic situation, as the region is a crucial supplier of energy and a key shipping gateway to global trade, said the company. The company backed by its all-round capabilities in engineering, manufacturing, construction, project management and services will continue to focus on operational excellence and cost competitiveness for profitable execution of its large order book. Higher-than-expected sales growth was driven by execution tailwinds in the infrastructure projects segment and sustained growth momentum in the IT and ITeS portfolio, said the infra major in its exchange filing. All our businesses — Projects, Manufacturing and Services have grown.

Larsen and toubro q2 results

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Larsen and toubro q2 results

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The capital goods companies are likely to report healthy performance in Q2FY24 owing to strong opening order books, continued execution momentum, favorable product mix and better orders from domestic as well as key export markets such as Middle East ME , Americas, SAARC, Africa etc, analysts said. Each stock is ranked on a scale of 1 to The share BSE Sensex jumped 1, Orders inflow was at Rs 40, crore, taking the segment's order book past Rs 1 lakh crore for the first time ever. All our businesses — Projects, Manufacturing and Services have grown. Post your comment. Crypto Returns Calculator. Crypto Prices. Sign in. Browse Companies:. This will alert our moderators to take action. Prime Account Detected! Ordering pipeline and order inflow guidance Pace of execution of domestic orders Competitive intensity in domestic and international business Commentary on core margins esp Infra going forward Ordering and cash collections in the Middle East Progress on divestment for non-core businesses Hyderabad metro, Nabha Power Management commentary on new business segments Solar, Hydrogen etc. The engineering behemoth is expected to report a double-digit growth in both revenue and profit, on the back of healthy execution, order backlog, and softening input costs.

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