L&T Reports 12% Profit Surge to Rs 2,786 Crore for Q1 FY25

26 Jul 2024 CW Team

Larsen & Toubro (L&T) has announced a significant increase in its consolidated net profit for the first quarter of FY25, reaching Rs 2,786 crore, up 12% from the same period last year. The growth highlights the company's robust performance amid a dynamic market environment.

The engineering and construction giant reported a revenue of Rs 40,045 crore for the quarter, driven by strong execution across its core sectors, including infrastructure, power, and hydrocarbons. The company?s strategic focus on project execution and operational efficiency has contributed to this impressive financial result.

L&T?s order inflow for the quarter also saw a notable rise, reflecting increased demand for its services and projects. The company secured new orders worth Rs 50,329 crore, underscoring its strong market position and the successful expansion of its project portfolio.

The company?s diversified business model and global presence have enabled it to capitalize on growth opportunities across various sectors. This quarter?s performance demonstrates L&T?s resilience and ability to navigate challenges while delivering value to its stakeholders.

Looking ahead, L&T remains optimistic about sustaining its growth trajectory. The company is focused on maintaining its operational excellence and leveraging its expertise to capitalize on upcoming opportunities in the infrastructure and construction sectors.

In summary, L&T?s robust financial results for Q1 FY25 highlight its effective business strategies and solid market performance, setting a positive tone for the rest of the fiscal year.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..