L&T Q1 net profit jumps 51% to 1,028 crore
Mumbai |
Press Trust of India Jul 28, 2017 06:09 PM IST
Its total income in the quarter under review increased 9.89 % to Rs 24,374.64 crore, as against Rs 22,179.59 crore in the year-ago period, L&T said in a BSE filing.
Engineering and construction conglomerate Larsen & Toubro (L&T) today reported a 50.59 % jump in consolidated net profit to Rs 1,028.30 crore for the first quarter ended June 30.
The company had posted net profit of Rs 682.81 crore in the corresponding period a year ago.
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Its total income in the quarter under review increased 9.89 % to Rs 24,374.64 crore, as against Rs 22,179.59 crore in the year-ago period, L&T said in a BSE filing.
Shares of the company closed 1.96 % lower at Rs 1,159.10 on BSE.
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