Wednesday, July 30, 2025

Creating liberating content

Dylan Field, co-founder and CEO of Figma, appears at the

NEW DELHI: As President Trump threatened to impose a penalty

Microsoft Chairman and CEO Satya Nadella speaks in front of

Related News

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the

NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India’s position that securing energy

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP |

NEW DELHI: The successful launch of the world’s most expensive and unique earth observation satellite NISAR, jointly developed by US and Indian scientists over a decade, has given a big

The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025.

US President Donald Trump on Thursday announced that the US had struck a deal with Pakistan to develop “massive oil reserves”, further hinting at exports of the same to India.

Trending News

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against

Nayara’s lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed

L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore

Word Count: 711 | Estimated Reading Time: 4 minutes


L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore

L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950 crore.The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 6,318 crore, up 13% from Rs 5,615 crore in the corresponding quarter last year. However, EBITDA margin declined slightly to 9.9% from 10.2%, according to an ET report.The revenue growth was largely driven by healthy execution in its key Projects & Manufacturing (P&M) segment. International revenues came in at Rs 32,994 crore, accounting for 52% of the total topline.L&T’s order inflow for the quarter ended June 30 stood at a record Rs 94,453 crore, reflecting a 33% year-on-year rise aided by strong momentum across business verticals. The orders spanned thermal BTG, renewables, power transmission and distribution, hydel, non-ferrous metals, hydrocarbons (offshore and onshore), and real estate projects in the commercial and residential space.Of the total new orders, international business contributed Rs 48,675 crore, also comprising 52% of the order inflow. The consolidated order book stood at Rs 6,12,761 crore as of June 30, 2025, up 6% from March-end. International orders formed 46% of the backlog.Commenting on the quarterly performance, Chairman & Managing Director S N Subrahmanyan said, “At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher.”“The projects and manufacturing businesses of the company continue to perform well. The record order book of Rs 6 lakh crore+ is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management,” he added.Subrahmanyan also pointed to L&T’s investments in emerging segments. “Company’s new-age businesses like Semiconductor, Data Centers, Green Energy and Digital Platforms have been successfully incubated in the current strategic plan and we expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology-driven sectors and to stay future ready,” he said.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account