L&T posts Q1 profit beat, approves $1.22 billion share buyback – ET Infra

[ad_1] BENGALURU: India’s Larsen & Toubro reported a better-than-expected first-quarter profit on Tuesday, boosted by strong performance at its core engineering and construction business, and approved buyback of shares worth up to 100 billion rupees ($1.22 billion). L&T’s consolidated net profit after tax surged 46.5% to 24.93 billion rupees for the quarter ended June 30. […]

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