Market Overview

Larsen & Toubro Reports 4% Rise In FQ2 Net Profit

Share:

Larsen & Toubro Ltd (OTC: LTOUF) reported better-than-expected net profit for the fiscal second quarter.

Larsen & Toubro's quarterly net profit surged to INR7.98 billion, from INR7.65 billion, in the year-ago period. However, analysts were expecting a net profit of INR7.75 billion.

Larsen & Toubro's total sales gained 19% to INR112.45 billion from INR94.22 billion.

Posted-In: EarningsEarnings News

 

Related Articles (LTOUF)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→