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.
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