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L&T misses estimates, Q2 profit rises 16%

Financial Express Mumbai

|

October 30, 2025

ENGINEERING AND CONSTRUCTION major Larsen & Toubro (L&T) on Wednesday reported a 16% rise in its consolidated net profit for the July-September quarter, narrowly missing Bloomberg’s consensus estimate.

- RAGHAVENDRA KAMATH

The company posteda profit of 3,926 crore for the period, up from %3,395 crorein the same period last year. Sequentially, profit grew 8.5%. Bloomberg had pegged net profit at 4,005 crore.

Revenue rose 10.4% year-on-year to ¥67,984 crore, compared to 61,555 crore a year earlier, but again fell short of the Bloomberg estimate of 70,478 crore. Operating performance remained steady, though margins were underslight pressure.

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I am doing a trade deal with India, says Trump

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ITR filing deadline extended

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Airlines back govt's stance on access to foreign players

THE CHIEF EXECUTIVES of India’s major airlines IndiGo and Air India on Wednesday defended the government’s evident policy of not expanding bilateral air services agreements with countries that house global hub airports and whose airlines account for a significant chunk of international mediumand long-haul passenger traffic to and from India.

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