Larsen & Toubro Q2 Profit Rises 33% Despite Iran War
Larsen & Toubro reported a 33% increase in quarterly profit driven by strong order inflows and recovery in Middle East business despite the ongoing Iran war. Order inflows rose 28% to ₹1.48 trillion, with 63% from international orders. Consolidated revenue grew 16% to ₹787.5 billion, led by infrastructure, utilities, and international sales. The company expects its defence technology revenue to triple in five years.
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