POWERING FORWARD

ENGINEERING AND infrastructure giant Larsen & Toubro (L&T) delivered a strong performance in FY24, marked by robust order inflows, execution excellence, and a sharper focus on emerging areas such as green hydrogen, data centres, and semiconductors.

- S.N. SUBRAHMANYAN, Chairman & MD

For the year ended March 31, 2024, L&T recorded consolidated revenues of Rs 2,25,929 crore, a growth of 21 per cent year over year. The company reported a record order inflow of Rs 3,13,115 crore, reflecting strong momentum across domestic and international markets, particularly in infrastructure, hydrocarbons, and hi-tech manufacturing.

Net profit stood at Rs 13,059 crore, up 25 per cent compared to FY23, driven by higher execution, margin resilience, and a strong performance by its services and project segments. The company's consolidated order book swelled to an all-time high of Rs 4,75,809 crore, providing visibility for sustained future growth across verticals and geographies.