The L & T hit the sequence of the record in the third quarter, driven by the Middle East, and grow in China

Larsen & Toubro LTD (L & T), the largest engineering and infrastructure company in India, reported the new order in the third fiscal quarterly record of the third fiscal quarter as of December 31. Another record: L & T’s overall order book has occupied the fifth expansion since the fiscal year BleakAs of December 31, $ 5.64 trillion.

Company’s new order BleakIn the third quarter, $ 1.16 trillion was 53 % higher than the same period last year. More than half of these commands come from overseas, mainly in the Middle East, and the government entrusted large projects at a crazy speed driven by the promotion of getting rid of oil income. The large -scale order of the state -owned power master NTPC LTD has added Heft in the order book.

L & T Chairman Sn Subrahmanyan said in a news statement on Thursday: “We expect that in addition to continuing monetization, the Middle East will continue to strengthen its physical and digital infrastructure.” “In this context, the company will continue to pursue Excellent, and use its advantages to seize new opportunities while maintaining toughness. “

The inflow of domestic orders this quarter has also increased by more than doubled Bleak530 billion billion Bleak2540 billion yuan last year. This is a big one BleakThe 23,000 billion rupees of NTPC were booked this quarter.

The company’s president, full -time director and chief financial officer, R. Shankar Raman, said: “What is encouraged is that domestic orders have reached the pace, and we hope that the trajectory will continue.”

He said: “In the past few quarters, the international orders we have witnessed have some balances.” He added that the commands led by the central government’s infrastructure are expected to complete the end of the continuous quarter.

Interestingly, in the third quarter, L & T’s revenue surpassed India’s largest information technology service company TATA Consultation Services (TCS), which is considered a leading place in the Indian IT export industry.

L & T reported a merging top line BleakThis quarter was 64,668 million, 17 % higher than last year’s corresponding period. TCS reports merging income BleakThe growth of 63,973 million rupees a year ago was less than 6 %.

L & T’s merger profit increased by 14 % year -on -year Bleak335.9 billion.

Interests, taxes, depreciation and amortization (EBITDA) earnings increased earlier than 9 % far less than 9 % income Bleak6255 billion. Subsequently, the EBITDA balance reduced the 77 basis points to 9.67 %. A base point is 0.01 %.

The decline in profits is mainly due to the slowdown of the company’s IT business. The business consists of two listed subsidiaries (LTImindtre and L & T technology services), and it has obtained almost all income from overseas.

Shankar Raman said: “Because the soft edge of the II market report is moved, the needle is moving.” “Technical transition is being revised by the business model and provided in the entire industry. Make it related to the products of global customers.

Analysts give the thumb

“Outstanding numbers are breaking records Bleak1.16 cross ( Bleak1.16 trillion US dollars of orders flow, signals, such as power, renewable energy, and hydrocarbon compounds. “Said Nirav Karkera, head of FISDOM research platform, said.

He said that the development of notes was the first project in Uzbekistan to support the AI ​​support data center, which highlights the company’s promotion of the company’s entry into the field of digital and artificial intelligence. He said that this strategic order and continuous development of technical patterns are good and can open the door for similar high -value projects in the global market.

“Looking forward to the future, L & T seems to have a good position, which can benefit from the infrastructure expenditure of the Indian government leadership and continue project activities in the Middle East. Although it is still critical, the company’s diversified order books and powerful assets The liability statement should help it navigate any recent macro uncertainty. “