New Delhi, Jan. 31 -- Larsen & Toubro (L&T) share price rallied nearly 5% on Friday after the company reported decent earnings for the third quarter of FY25. L&T shares surged as much as 4.95% to Rs.3,588.85 apiece on the BSE.

Engineering major Larsen & Toubro posted a consolidated net profit of Rs.3,359 crore in Q3FY25, a growth of 14% from Rs.2,947 crore in the year-ago quarter.

The company's consolidated revenue in Q3FY25 increased 17% to Rs.64,668 crore led by strong order book and ramp up in execution momentum across its Projects & Manufacturing (P&M) businesses.

L&T said it received its highest ever quarterly orders of Rs.116,036 crore at the group level during the quarter ended December 31, 2024, registering a substantial YoY gr...