Friday, 31 July 2015

L&T Q1 profit seen up 4.5%,

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Engineering and construction major Larsen and Toubro 's (L&T) first quarter profit is expected to grow 4.5 percent Y-o-Y on adjusted basis.

In Q1FY15, earnings included Dhamra Port stake sale profits and also write-back of provisions. However,

consolidated (reported) profit is seen falling 14.1 percent year-on-year to Rs 830 crore, according to average of estimates of analysts.

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