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via livemint.comBusiness & Companies

Despite the West Asia war, L&T reports strong quarter with record orderbook

FROM THE WIRE · LIVEMINT.COM

L&T reported ₹1.48 trillion in new orders during the quarter, over a fourth more than the same period last year, taking its consolidated orderbook to a record ₹8.5 trillion—an impressive feat given that war-torn West Asis is its biggest market outside India.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults from a large Indian group with strongly rising orders and a record orderbook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01L&T recorded new orders of ₹1.48 trillion during the quarter.
  2. 02The figure is over a fourth higher than the same period last year.
  3. 03The consolidated orderbook reached a record ₹8.5 trillion.

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