L&T Q4 profit rises 18.5% to 2,454 crore
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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.

First Published: May 26, 2016 06:14 IST