India: L&T's order inflow declines 10% y-o-y in Q2FY'25

The order inflow of Larsen & Toubro (L&T), an Indian multinational conglomerate, dropped 10% y-o-y to INR 800 billion in Q2FY'25 against INR 892 billion in Q2FY'24. The company's order book stood at INR 5,104 billion as of 30 Sep'24. Revenue grew 21% y-o-y to INR 616 billion in Q2FY'25 against INR 510 billion in the CPLY. The company has a healthy order prospects pipeline of INR 8.1 trillion in the near term.