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Larsen & Toubro board approves long term borrowing upto Rs 10,000 cr

24 Mar 2022 , 02:44 PM

L&T is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide. The EPC majors consolidated net profit fell 16.70% to Rs 2,054.74 crore on 11.14% increase in net sales to Rs 39,562.92 crore in Q3 FY22 over Q3 FY21.

Shares of L & T were trading at 0.22% higher to Rs 1771 on BSE. The scrip hit a days high of Rs 1,779.70 and a days low of Rs 1755 in intraday today.

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