30/07/2016

L&T net up 46% in first quarter


stock market tipsThe India's biggest engineering and construction company Larsen & Toubro reported earning the profit of 46 percent on ( April-June ) Quarter. In the first Quarter, the profit of L&T has 610 crore. While the last year, It's profit was 419 crores in preceding period. According to estimates of Experts, the profit was at Rs 791 crore for the quarter. In April - June quarter, It's gross revenue increased 9.1 percent to 21874 crore. The company reported 29702 crore in June quarter revenue from international orders, which was higher than 14 percent from the last year. The international order has 13,211 crore of the company. L&T's order inflows for the quarter grew 14 percent to Rs 29,207 crore from Rs 26,376 crore. The total order book has 2.57 lakh crore of the company. which is 8 percent higher than last year. In those are 29 percent shares of the international book.




















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