L&T’s Strong Order Book Despite Dip in Q4 FY25 Order Prospects

25 Feb 2025 CW Team

Larsen & Toubro (L&T) continues to reinforce its market leadership with a robust order book of Rs 5.46 trillion as of Q3 FY25, reflecting a 20% year-on-year (YoY) growth. However, the company anticipates a 12% YoY dip in order prospects for Q4 FY25, with projected orders amounting to Rs 5.51 trillion, down from Rs 6.72 trillion in Q4 FY24. This decline is attributed to fewer opportunities in the hydro and carbon-lite project sectors.

Despite this short-term slowdown, L&T remains optimistic about its future growth, having maintained its 10% order inflow growth guidance and expressing confidence in surpassing this target. The company’s diverse project portfolio and strong market presence continue to drive its long-term momentum.

Meanwhile, Phase 1 of a key Saudi Aramco project—in which L&T is reportedly involved—is expected to play a pivotal role in advancing Saudi Aramco’s broader environmental objectives, aligning with its commitment to carbon footprint reduction and the global energy transition.

While CNBC-TV18 reached out to L&T for confirmation regarding the project award, the company has yet to comment on the development.

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