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MUMBAI: New orders, mainly from the infrastructure and hydrocarbon segments, lifted L&T’s Dec quarter profit by 14%. The industrial giant’s profit rose to Rs 3,359 crore in the quarter from Rs 2,947 crore a year earlier. The company, often referred to as a proxy for the investment cycle in the country, received fresh orders worth nearly Rs 1.2 lakh crore in the quarter, an increase of 53% from last year. L&T’s revenues increased 17% to Rs 64,668 crore in the third quarter of FY25.
