Larsen & Toubro Limited — Important, 30-10-2024: Updates

Larsen & Toubro Limited reported robust financial results for Q2/H1 FY25, with a 21% year-over-year revenue increase to ₹616 billion and a substantial order inflow of ₹800 billion. The order book reached ₹5,104 billion, and return on equity improved to 16.1%. Operating margins were stable at 10.3%, supported by strong performance across infrastructure, hydrocarbon, and precision engineering sectors. The company also emphasized strong cash flow and reduced working capital relative to sales.