Larsen & Toubro (L&T) on Tuesday reported a better-than-expected performance for the April-June quarter, with consolidated net profit rising 14% year-on-year to Rs 4,123 crore, driven by healthy execution and strong order inflows despite an uncertain global environment. Revenue also came in ahead of Street expectations, while the engineering and construction major said supply-chain constraints continued to limit the pace of execution. Revenue rose 7% to Rs 67,942 crore from Rs 63,679 crore in the year-ago period, ahead of the consensus estimate of Rs 67,545 crore. On a sequential basis, net profit declined 23%. Ebitda fell 3.2% to Rs 6,116 crore, reflecting pressure on operating margins.