L&T Posts Q4 Profit Dip On Base Effect, Flags West Asia Risks – BW Businessworld
Larsen & Toubro (L&T) reported a marginal decline in fourth-quarter profit on Tuesday, hurt by an exceptional gain in the year-ago period, while strong order inflows lifted revenue and its order book to record levels. The infrastructure-to-engineering conglomerate said consolidated net profit fell 3 per cent year-on-year to Rs 5,326 crore for the January-March quarter, even as revenue from operations…
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