Shares of engineering and infrastructure conglomerate Larsen & Toubro Ltd . (L&T) will be in focus on Thursday, October 30, after the company reported its September quarter results post market hours on Wednesday.

L&T's Q2FY26 revenue stood at ₹67,983 crore, below the CNBC-TV18 poll estimate of ₹69,950 crore, as execution was impacted by unseasonal monsoon. Net profit came in at ₹3,926 crore versus an estimate of ₹3,990 crore.

EBITDA was at ₹6,806.5 crore, slightly below the CNBC-TV18 poll estimate of ₹6,980 crore, while margins were steady at 10%, in line with expectations.

Brokerage firm CLSA has maintained an 'Outperform' rating on L&T with a price target of ₹4,320. The brokerage said Q2 met three of four guidance parameters, new orders, margins, and working capital, while execution

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