L&T Net Profit Rises 33% Year on Year in Q2
Larsen & Toubro reported a 33% year-on-year increase in quarterly net profit, citing healthy order inflows amid strong infrastructure spending and Middle East reconstruction activity.
Story updates
04:30:21 AM UTC
SquawkNews
L&T Profit Jumps 33% on Strong Order Inflows
04:30:54 AM UTC
SquawkNews
UPDATE 1-India's L&T jumps as quarterly profit beat eases Middle East concerns Updates share move, a
04:31:04 AM UTC
SquawkNews
Shares of India's Larsen & Toubro rose more than 6% in early trading on Wednesday after the engineering conglomerate posted a 33% jump in second-quarter profit, driven by strong order inflows and easing concerns over Middle East project execution.The stock was up 4.38% at 3,826.10 rupees, as of 9:3…
Our Bureau Mumbai: Infrastructure company Larsen & Toubro (L&T) on Tuesday reported a 33% year-on-year increase in quarterly net profit, helped by healthy order inflows amid strong infrastructure spending and reconstruction activity in the Middle East despite the ongoing conflict.However, execution…