.
open demat account

Shares of Larsen & Toubro (L&T) climbed nearly 4 per cent in morning trade on Wednesday after the company’s consolidated net profit increased 44.9 per cent in the June quarter this year.

The stock jumped 3.62 per cent to Rs 1,814.30 on the BSE.

Espresso in content banner September 2022

At the NSE, it advanced 3.58 per cent to Rs 1,814 apiece.

Engineering and construction conglomerate Larsen & Toubro on Tuesday said its consolidated net profit increased 44.9 per cent to Rs 1,702.07 crore in the June 2022 quarter due to higher revenue from operations.

The company had posted a consolidated net profit of Rs 1,174.44 crore in the year-ago period, L&T said in a stock exchange filing on Tuesday.

The consolidated revenue from operations of the company during April-June period increased to Rs 35,853.20 crore from Rs 29,334.73 crore in the year-ago period, the filing added. PTI SUM DRR DRR

FinGrad In-content Banner

To stay updated with the Latest Stock Market news, download our app here!

For editorial purposes, contact news@tradebrains.in


Start Your Financial Learning Journey

Want to learn Stock Market and other Financial Products? Make sure to check out, FinGrad, the learning initiative by Trade Brains. Click here to Register today to Start your 3-Day FREE Trail. And do not miss out on the Introductory Offer!!