05-10-2023 05:26 PM | Source: Reuters
India`s Larsen & Toubro posts fourth-quarter profit beat
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Indian engineering and construction company Larsen & Toubro Ltd reported a bigger-than-expected rise in fourth-quarter profit on Wednesday on higher project executions amid robust order inflow.
L&T's consolidated net profit rose 10.1% to 39.87 billion rupees ($487.5 million) in the quarter ended March 31 from a year earlier.
Analysts, on average, had expected a profit of 39.23 billion rupees, according to Refinitiv IBES data.
($1 = 81.7800 Indian rupees)
Latest News
Buy Hero MotoCorp Ltd For Target Rs. 5,377 by Yes Se...
Add Century Plyboards India Ltd For Target Rs. 880 b...
Buy Bharat Forge Ltd For Target Rs. 1,624 by Yes Sec...
IPO Note : NTPC Green Energy Ltd By Geojit Financia...
TVS Motor catches speed on introducing TVS Apache RT...
UltraTech Cement gains on planning to deploy 100 mor...
Rupee strengthens marginally against US dollar on Tu...
Buy Muthoot Finance Ltd For Target Rs. 2,240 by Yes ...
India`s Rice Procurement Deficit Eases Amid November...
COP29: India bats for enhanced climate finance, tech...
