#Larsen&Toubro Ltd India's top ranked engineering company has beated the estimates of the analysts with 69 percent #profit rise due to a steep gain in its #infrastructure and heavy #engineering business.
L&T in a statement told net profit from continuing operations reached 27.23 billion rupees ($461 million) in January-March from 16.1 billion rupees a year.
Shares of L&T, which lays roads and makes ships, trains and power plant equipment, closed 0.27 percent lower ahead of the release, compared with a flat Nifty.
L&T in a statement told net profit from continuing operations reached 27.23 billion rupees ($461 million) in January-March from 16.1 billion rupees a year.
Shares of L&T, which lays roads and makes ships, trains and power plant equipment, closed 0.27 percent lower ahead of the release, compared with a flat Nifty.
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