Larsen & Toubro's Profit Surge Boosts Stock to New Heights
Shares of Larsen & Toubro surged nearly 5% as the company posted a 29.8% rise in net profit for the June quarter. Strong overseas order growth drove profits to Rs 3,617.19 crore. The firm saw substantial improvements in revenue, marking significant year-on-year growth in key projects.
- Country:
- India
Larsen & Toubro's shares experienced a nearly 5% increase on Wednesday following a robust financial performance in the June quarter. The infrastructure giant reported a notable 29.8% rise in consolidated net profit, reaching Rs 3,617.19 crore, significantly benefiting from strong overseas orders.
This impressive earnings report propelled the stock to heights of Rs 3,685 on the BSE and Rs 3,659.20 on the NSE, positioning it as the top gainer among Sensex and Nifty-listed firms. With a market valuation leap of Rs 23,387.99 crore, Larsen & Toubro's total worth surged to Rs 5,04,089.86 crore.
The company's consolidated earnings reported a remarkable 16% year-on-year growth for the quarter ending June 30, 2025, with revenues totaling Rs 63,679 crore. This growth underscores the successful execution of key projects and a robust manufacturing portfolio.
(With inputs from agencies.)
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