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L&T Q3 Preview: Profit May Rise On Order Inflow, Project Execution

Net profit for the engineering and construction conglomerate is expected to increase 33.7% year-on-year to Rs 3,245 crore in the quarter ended December.

Vikas Srivastava

L&T's A.M. Naik Heavy Engineering Complex. (Source: Company website)

Larsen & Toubro Ltd.’s net profit in the third quarter of fiscal 2024 is seen rising on the back of strong order inflows and project executions. However, operating profit and margin are likely to be subdued.

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Vikas Srivastava
Vikas Srivastava has close to 20 years of experience in financial journalis... more
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Tata Steel Receives Rs 2,410.89 Crore Demand From Odisha Authorities Over Chrome Ore Dispatch Shortfall

  • chevron-double-right Tata Steel received a Rs 2,411 crore demand notice from authorities for 'alleged' chrome ore shortfall
  • chevron-double-right The authorities allege that the company did not fulfil its dispatch obligations under the MDPA
  • chevron-double-right Tata Steel said it will take all necessary steps to safeguard its legal and commercial interests in the matter
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