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The L&T Group company reported 8.1% rise in consolidated net profit to Rs 473.10 crore on 5.4% increase in revenue to Rs 2897.40 crore in Q4 March 2022 over Q3 December 2021.

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Scooter sales were also down 21 per cent to 3,60,082 units from 4,58,122 vehicles a year ago.

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Sales rise 37.36% to Rs 2897.40 crore

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The Mainland China share market closed session lower on Monday, 18 April 2022, as risk-off selloff continued after a move to easing by the Peoples Bank of China was less than expected. Meanwhile, sentiments were also dampened by surging COVID cases in China and after release of mixed bag of economic data. At close of trade, the benchmark Shanghai Composite Index declined 0.49%, or 15.72 […]

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At 76.2850/2975 per Dollar

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The equity market settled with deep losses on Monday, extending losses for the fourth trading session. IT and financial shares dragged the headline indices, led by a selloff in HDFC Bank and Infosys amid disappointing sets of earnings last week. On the other hand, auto, metal and FMCG shares bucked the weak market trend. Rising bond yields, firm crude oil prices and a steep rise […]

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Of Rs.27 per share

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Japan share market finished session lower in relatively thin trading on Monday, 18 April 2022, as selling triggered by the Bank of Japan chiefs remarks against the yens sharp depreciation. Usually, a softer yen boosts Japans export-oriented equities but if the yen sinks too low import bills could become oppressive and the weak currency may be signaling a slowing economy. At closing bell, the 225-issue […]

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