{"id":593551,"date":"2023-07-26T10:31:24","date_gmt":"2023-07-26T05:01:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=593551"},"modified":"2023-07-26T12:05:58","modified_gmt":"2023-07-26T06:35:58","slug":"lt-q1-profit-jumps-36-to-rs-3116-12-crore-board-approves-rs-10000-crore-buyback-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-q1-profit-jumps-36-to-rs-3116-12-crore-board-approves-rs-10000-crore-buyback-plan\/","title":{"rendered":"L&amp;T Q1 profit jumps 36% to Rs 3,116.12 crore; board approves Rs 10,000 crore buyback plan"},"content":{"rendered":"<p>Infrastructure major Larsen and Toubro (L&amp;T) on Tuesday posted a 36 per cent rise in net profit to Rs 3,116.12 crore in the June quarter, mainly aided by execution of a healthy order book in its projects and manufacturing portfolio. The company&#8217;s board has approved buy back of shares worth up to Rs 10,000 crore.<\/p>\n<p>According to a regulatory filing, the total income increased to Rs 49,027.93 crore in the first quarter of the current fiscal from Rs 36,547.92 crore in the year-ago period. It had a net profit of Rs 2,293.01 crore in the corresponding period of 2022-23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infrastructure major Larsen and Toubro (L&amp;T) on Tuesday posted a 36 per cent rise in net profit to Rs 3,116.12 crore in the June quarter, mainly aided by execution of a healthy order book in its projects and manufacturing portfolio. The company&#8217;s board has approved buy back of shares worth up to Rs 10,000 crore. According to a regulatory filing, the total income increased to Rs 49,027.93 crore in the first quarter of the current fiscal from Rs 36,547.92 crore in the year-ago period. It had a net profit of Rs 2,293.01 crore in the corresponding period of 2022-23.<\/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-593551","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\/593551","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=593551"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593551\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=593551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=593551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=593551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}