Talent And Commodity Price Inflation Are Biggest Challenges | S N Subrahmanyan, L&T | Markets

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Larsen & Toubro on Thursday said its consolidated net profit after tax rose 9.95% year-on-year (YoY) to Rs 3,620.69 crore for the March quarter compared with Rs 3,292.81 crore in the same quarter last year. An ET NOW poll of analysts had anticipated the profit figure at Rs 3,788 cr. Consolidated revenues for the quarter rose 10% YoY to Rs 52,851 crore, with international sales coming in at Rs 17,550 crore, accounting for 33% of the total revenue. The company said it bagged orders worth Rs 73,941 crore during the quarter ended March 31, 2022, up 46% YoY. The infrastructure segment booked a mega order from the Middle East, it said. SN Subrahmanyan, CEO & MD, L&T shares all the details on the quarter gone by on ET NOW’s The Market. Watch.
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