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2 min read | Updated on January 31, 2025, 07:53 IST
SUMMARY
Private sector lender IndusInd Bank, housing finance major LIC Housing Finance, non-banking financial company Poonawalla Fincorp, private hospital network Aster DM Healthcare, and microfinance lender Equitas Small Finance Bank, among others, will also release their earnings for the quarter ended December 2024 on Friday.
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Karnataka Bank and Relaxo Footwears will also announce their results on Friday. | Image: Shutterstock
Private sector lender IndusInd Bank, housing finance major LIC Housing Finance, non-banking financial company Poonawalla Fincorp, private hospital network Aster DM Healthcare, private sector bank City Union Bank, financial services provider Cholamandalam Investment and Finance Company, commercial bank Karnataka Bank, home loan company Aptus Value Housing Finance India and microfinance lender Equitas Small Finance Bank among others will also release their earnings for the quarter ended December 2024 on Friday.
On Thursday, infrastructure and engineering major Larsen & Toubro (L&T) reported a 14% rise in consolidated net profit to ₹3,359 crore for the latest October-December quarter due to higher revenue from operations. A year ago, the company posted a profit of ₹2,947 crore.
Revenue from operations grew by 17% to ₹64,668 crore in the reporting quarter as against ₹55,128 crore in the year-ago period.
The company's order book as of December 31, 2024, was at ₹5,64,223 crore.
"This quarter has ended on a strong note for us. We have achieved the highest-ever quarterly order inflow in the company's history. Consequently, our order book is at a record high," the company's Chairman and Managing Director, SN Subrahmanyan, said.
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