
India's L&T beats profit estimates on robust overseas orders
The company's consolidated profit after tax stood at 36.17 billion rupees ($416.7 million) for the quarter ended June 30, above analysts' average expectation of 33.68 billion rupees, per data compiled by LSEG.
Total orders grew 33%, faster than the 8% growth a year ago and a 24% growth in the preceeding quarter.
($1 = 86.8100 Indian rupees)
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