L&T Q4 profit rises 18.5% to 2,454 crore | business | Hindustan Times
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L&T Q4 profit rises 18.5% to 2,454 crore

business Updated: May 26, 2016 06:14 IST
PTI
PTI

NEW DELHI: Larsen & Toubro posted a 18.55% jump in consolidated net profit to Rs 2,453.64 crore for the January-March quarter year-on-year as it bagged more contracts. According to a report by newspaper, chairman AM Naik said his successor would be an insider, likely to be SN Subrahmanyan, whom Naik described as the clear number two in the company.