larsen and toubro q2 results

Larsen and toubro q2 results

Ramesh has been appointed as an Independent Director of the Company for a term of 5 years larsen and toubro q2 results effect from October 31, upto October 30,subject to approval of shareholders of the company. Headwinds from global economic slowdown and declining global trade continue to pose event risks. While major central banks are signaling a peaking of their rate hike cycle, there are indications that the tight monetary policy stance could persist for longer than expected.

It reported consolidated net profit of Rs 2, crore in the year-ago period. The company said it saw "improved execution of the large order book and accelerated progress in the Projects and Manufacturing portfolio" in the September quarter. All our businesses — Projects, Manufacturing and Services have grown. During the quarter, we have received the highest ever order inflows in the history of the Company. This shows the faith our customers place on us and is a reflection of our capability to perform and deliver projects on time.

Larsen and toubro q2 results

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Larsen and toubro q2 results

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The company said it saw "improved execution of the large order book and accelerated progress in the Projects and Manufacturing portfolio" in the September quarter. All our businesses — Projects, Manufacturing and Services have grown. The recent conflict in the Middle East has raised concerns about potential increase in crude prices that can worsen the already fragile global economic situation, as the region is a crucial supplier of energy and a key shipping gateway to global trade, said the company. Subscribe with Google. This is a testament to our capabilities as a diversified conglomerate present across various geographies. Recommended For You. This will alert our moderators to take action. Dalal Street investors become richer by Rs 6 lakh cr as markets rally Investors' wealth climbed Rs 6 lakh crore on Monday, with the BSE Sensex rallying nearly 2 per cent, driven by heavy buying in Reliance Industries and a rally in Asian markets. Economy Corporate Markets. The capital goods companies are likely to report healthy performance in Q2FY24 owing to strong opening order books, continued execution momentum, favorable product mix and better orders from domestic as well as key export markets such as Middle East ME , Americas, SAARC, Africa etc, analysts said. Forex Forex News. Investors will closely watch the company's outlook for the domestic and international markets, particularly the Middle East. Infra Pharma Real Estate. Stock Screener.

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