L&T Q1 net jumps 218% at Rs16 billion on onetime gain
India's largest engineering and construction company Larsen & Toubro Ltd (L&T) Thursday reported a three-fold jump in its first quarter net profit mainly due to onetime gain and higher revenues.

In a filing to the Bombay Stock Exchange, the company said its net profit for the quarter to end-June zoomed 218% to Rs16 billion from Rs5 billion while revenues increased to Rs76.3 billion...

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