{"id":575987,"date":"2023-05-11T10:04:05","date_gmt":"2023-05-11T04:34:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=575987"},"modified":"2023-05-11T10:55:21","modified_gmt":"2023-05-11T05:25:21","slug":"lt-profit-rises-10-to-rs-3987-cr-in-jan-mar-am-naik-to-step-down-as-non-exec-chairman","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-profit-rises-10-to-rs-3987-cr-in-jan-mar-am-naik-to-step-down-as-non-exec-chairman\/","title":{"rendered":"L&amp;T profit rises 10% to Rs 3,987 cr in Jan-Mar; AM Naik to step down as non-exec chairman"},"content":{"rendered":"<p>Engineering and construction giant Larsen &amp; Toubro (L&amp;T) on Wednesday reported a 10 per cent rise in its consolidated net profit to Rs 3,987 crore for the quarter ended in March 2023 and announced the stepping down of non-executive chairman A M Naik from the post.<\/p>\n<p>A M Naik has decided to step down as non-executive chairman of the company with effect from September 30 and L&amp;T Chief Executive Officer &amp; Managing Director will be re-designated as the Chairman and Managing Director from October 1, 2023, the company said in a filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Engineering and construction giant Larsen &amp; Toubro (L&amp;T) on Wednesday reported a 10 per cent rise in its consolidated net profit to Rs 3,987 crore for the quarter ended in March 2023 and announced the stepping down of non-executive chairman A M Naik from the post. A M Naik has decided to step down as non-executive chairman of the company with effect from September 30 and L&amp;T Chief Executive Officer &amp; Managing Director will be re-designated as the Chairman and Managing Director from October 1, 2023, the company said in a filing.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-575987","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/575987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=575987"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/575987\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=575987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=575987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=575987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}