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L&T puts up decent results in June quarter amid weak macro environment
While order inflow was healthy led by domestic projects, improved execution in select private sector and power segment supported growth
L&T Q1 profit rises 20.5% YoY to Rs 1,361 crore
Consolidated gross revenue during the quarter under review came in at Rs 29,636 crore from continuing operations for the quarter ended June 30, 2019, achieving YoY growth of 10 per cent.
L&T's first quarter net up 36% at Rs 12.1 billion, revenue increases by 19%
Ebitda grew 40 per cent to Rs 29 billion during the quarter, against Rs 21 billion in the June 2017 quarter
L&T: Infra segment gaining momentum
Q1 results, helped by better execution in core infrastructure segment, match expectations