Latest news for Larsen & Toubro (OTC:LTOUF) Stock

Larsen & Toubro

Larsen & Toubro Ltd is a technology, engineering, manufacturing, and financial services conglomerate. It enters contracts to construct various facilities, develop solutions for offshore and onshore hydrocarbon projects, serve power plants, build ships, and perform other engineering projects. Its integrated capabilities help customers throughout the entire value chain, from design to delivering a project. The company has several operating segments: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, IT & Technology services, Financial services, Development projects, and other segments. The majority of the company's revenue is generated from its Infrastructure projects segment.

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LTOUF

Larsen &amp; Toubro FQ1 Profit Drops 12.5%

Larsen &amp; Toubro FQ1 Net Profit Up 16%

Larsen &amp; Toubro Reports 4% Rise In FQ2 Net Profit

LARSEN & TOUBRO S/GDR 1 by Larsen & Toubro Ltd.

Larsen & Toubro Ltd

Larsen &amp; Toubro (OTC: <a class="ticker" href="/stock/ltouf#OTC">LTOUF</a>) reported a 12.5% drop in its fiscal first-quarter net profit.

Larsen &amp; Toubro's quarterly net profit declined to 7.56 billion rupees ($127 million), versus 8.64 billion rupees, in the year-ago period. 

Its sales increased 5% to 125.55 billion rupees from 119.55 billion rupees. However, analysts were expecting a profit of 9.04 billion rupees on sales of 134.43 billion rupees.

Larsen & Toubro FQ1 Profit Drops 12.5%

Larsen &amp; Toubro Ltd (OTC: <a class="ticker" href="/stock/ltouf#OTC">LTOUF</a>) reported a 16% rise in its fiscal first-quarter net profit.

Larsen &amp; Toubro's quarterly net profit climbed to 8.64 billion rupees ($157 million), versus 7.46 billion rupees, in the year-ago period. 

Its sales surged 26% to 119.55 billion rupees, versus 94.82 billion rupees. However, analysts were expecting a net profit of 8.16 billion rupees.

Larsen & Toubro FQ1 Net Profit Up 16%

Larsen &amp; Toubro Ltd (OTC: LTOUF) reported better-than-expected net profit for the fiscal second quarter. 

Larsen &amp; Toubro's quarterly net profit surged to INR7.98 billion, from INR7.65 billion, in the year-ago period. However, analysts were expecting a net profit of INR7.75 billion. 

Larsen &amp; Toubro's total sales gained 19% to INR112.45 billion from INR94.22 billion.

Larsen & Toubro Reports 4% Rise In FQ2 Net Profit

Larsen & Toubro (OTC: <a class="ticker" href="/stock/ltouf#OTC">LTOUF</a>) reported a 12.5% drop in its fiscal first-quarter net profit.

Larsen & Toubro's quarterly net profit declined to 7.56 billion rupees ($127 million), versus 8.64 billion rupees, in the year-ago period. 

Its sales increased 5% to 125.55 billion rupees from 119.55 billion rupees. However, analysts were expecting a profit of 9.04 billion rupees on sales of 134.43 billion rupees.

Larsen & Toubro Ltd (OTC: <a class="ticker" href="/stock/ltouf#OTC">LTOUF</a>) reported a 16% rise in its fiscal first-quarter net profit.

Larsen & Toubro's quarterly net profit climbed to 8.64 billion rupees ($157 million), versus 7.46 billion rupees, in the year-ago period. 

Its sales surged 26% to 119.55 billion rupees, versus 94.82 billion rupees. However, analysts were expecting a net profit of 8.16 billion rupees.

Larsen & Toubro Ltd (OTC: LTOUF) reported better-than-expected net profit for the fiscal second quarter. 

Larsen & Toubro's quarterly net profit surged to INR7.98 billion, from INR7.65 billion, in the year-ago period. However, analysts were expecting a net profit of INR7.75 billion. 

Larsen & Toubro's total sales gained 19% to INR112.45 billion from INR94.22 billion. 


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