L&T Q3 Results: Date, Time, Earnings Call Details And More

Construction and engineering giant Larsen & Toubro Ltd. is set to release its Q3 earnings this week. The company confirmed this in a filing to the exchanges on Jan. 16. 

Headquartered in Mumbai, L&T is a prominent player across multiple sectors, including infrastructure, construction, defence, hydrocarbon, heavy engineering, power, shipbuilding, aerospace, electrical & automation, mining, and metallurgy in India. The company has a total market capitalisation of over Rs 4.7 lakh crore.

Here is everything you need to know about L&T Q3 results:

L&T is scheduled to announce its Q3 earnings on Thursday, Jan. 30.  

"We wish to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 30th January 2025, inter-alia, to consider and approve the unaudited consolidated and standalone financial results of the Company for the quarter and nine months ended 31st December 2024," the company stated in a notification to the bourses. 

The announcement will be followed by a virtual analyst meeting on Jan. 30.  L&T has not confirmed the timing of this analyst meeting. 

Shares of Larsen & Toubro have been on a decline over the past few weeks. The stock has slipped nearly 4% in the past five trading sessions while slipping 4.3% in a month. Over the last six months, the share price of the engineering and construction giant has dropped by more than 9%. The stock has fallen nearly 8% in a year. 

Larsen & Toubro reported a strong performance in Q2  of the current fiscal, with net profit rising 6.69% year-on-year to Rs 4,113 crore versus Rs 3,855 crore in the year-ago period. revenue from operations surged 21% YoY to Rs 61,555 crore in Q2 FY25 up from Rs 51,024 crore in the second quarter of FY24. 

Ebitda rose 3% YoY to Rs 6,362 crore in Q2 from Rs 5,632 crore in the corresponding period of FY23. Ebitda margin for Q2FY25, however, contracted to 10.3% versus 11%.