Picture of Larsen and Toubro logo

LT — Larsen and Toubro News Story

0.000.00%
in flag iconLast trade - 00:00
IndustrialsConservativeLarge CapHigh Flyer

India's L&T first quarter profit rises on strong domestic execution

India's L&T first quarter profit rises on strong domestic execution

- Indian construction major Larsen & Toubro (L&T)LART.NS on Tuesday reported a 14% rise in first-quarter profit, as robust performance in its home market helped overcome the impact from the Middle East conflict.

Consolidated net profit for the company, considered a bellwether for capital expenditure in the Indian economy, rose to 41.23 billion rupees ($430.14 million) for the quarter ended June 30 from 36.17 billion rupees a year ago.


($1 = 95.8525 Indian rupees)


(Reporting by Urvi Dugar, Edting by Harikrishnan Nair)

((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))

Recent news on Larsen and Toubro

See all news