L&T shares in focus after company’s revenue, PAT growth beats D-Street estimates

Shares of Larsen & Toubro (L&T) are expected to be in focus on Thursday following its Q2FY25 earnings where the company reported a 5% jump in its net profit for the quarter ended September 2024 to Rs 3,395 crore versus Rs 3,223 crore posted in the year-ago period.The profit figure was slightly higher than ET NOW poll estimates of Rs 3,335 crore.L&T achieved consolidated revenue of Rs 61,555 crore for the quarter ended September 30, 2024, registering a YoY growth of 21%, aided by accelerated progress in the various businesses in the Projects & Manufacturing (P&M) portfolio.The revenue was also higher than ET Now poll estimates of Rs 57,622 crore.International revenues during the quarter were at Rs 32,057 crore. It constituted 52% of the total revenues, largely reflective of a robust international P&M order book, the company filing said.For the half-year ended September 30, 2024, the consolidated revenues at Rs 1,16,674 crore recorded a YoY growth of 18% with international revenues…