INSUBCONTINENT EXCLUSIVE:
L-T shares have gained 3.58% since the earnings announcement for the quarter and year ended March 31Larsen - Toubro (L-T) on Tuesday
reported a net profit of Rs 1,360.5 crore from from continuing operations in the quarter ended June 30
In a regulatory filing after market hours, the company said its revenue from continuing operations came in at Rs 29,635.95 crore in the
April-June period, marking a rise of 9.74 per cent on a year-on-year basis.The company said the sale of its electrical and automation
business by Schneider Electric is likely to be completed within the next one year
governments were affected during the general elections, strong public sector and private sector orders enabled growth for the quarter, it
21 per cent to the total order book, the company said."Focus on resource augmentation in the Union Budget is expected to enable the
Government to channelize spending on infrastructure development, rural electrification, airports, railroads, water supply and irrigation,
Larsen - Toubro ended 0.44 per cent higher at Rs 1,410.00 apiece on the BSE, outperforming the benchmark Sensex index which fell 0.13 per
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