L&T Q2 Profit Rises 33% on Healthy Order Inflow
Larsen & Toubro reported a 33% rise in quarterly profit, citing healthy order inflow and a recovery in Middle East business despite the ongoing regional war. Order inflows rose 28% to 1.48 trillion rupees.
New Delhi, Oct. 27 -- Larsen & Toubro, 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 ($1…