L&T, Tata Motors to react to Q2 results

Larsen & Toubro (L&T)'s consolidated net profit rose 28.37% to Rs 2593.41 crore on 21.6% rise in total income to Rs 32800.85 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours yesterday, 31 October 2018.

Tata Motors reported consolidated net loss of Rs 1009.49 crore in Q2 September 2018 as compared with net profit of Rs 2501.67 crore in Q2 September 2017. Total income rose 2.61% to Rs 72729.30 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours yesterday, 31 October 2018.

Vedanta's consolidated net profit fell 34.82% to Rs 1900 crore on 4.06% rise in total income to Rs 23617 crore in Q2 September 2018 over Q2 September 2017. The result was announced after market hours yesterday, 31 October 2018.

Eicher Motors said that Royal Enfield's manufacturing facility at Oragadam, near Chennai, remained operational through the month of October 2018, even though a part of the workforce continued to stay away from work since 24 September 2018. Due to the strike, the loss of production for the month of September and October 2018, is 25,000 motorcycles. A majority of workforce continues to report to work at the Oragadam plant and are actively engaged in operations. Manufacturing facility at Vallam Vadagal continues to operate and deliver to its full capacity. The announcement was made after market hours yesterday, 31 October 2018.

Bosch said the board of directors at their meeting scheduled to be held on 5 November 2018, shall consider the proposal for buyback of the equity shares of the company. The announcement was made after market hours yesterday, 31 October 2018.

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