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L&T Reports 33% Quarterly Profit Rise on Strong Order Inflow

Larsen & Toubro said quarterly profit rose 33%, while order inflows increased 28% to 1.48 trillion rupees.

LT

Larsen & Toubro NSE:LT, seen as a barometer for India's infrastructure sector, reported a 33% rise in quarterly profit on Tuesday, driven by healthy order inflow and a recovery in Middle East business despite the ongoing regional war.Order inflows rose 28% to 1.48 trillion rupees ($15.56 billion) i…