Katya Naidu25 Jul 2023, 19:10
Infrastructure major Larsen & Toubro’s (L&T) Q1 consolidated net profit went up by 46% to ₹2,493 crore, from ₹1,702 crore in the same quarter last year. It also announced a share buyback at the maximum price of ₹3,000 each for an aggregate consideration of up to ₹10,000 crore. Its consolidated revenue went up 34% to ₹47,882 crore for the quarter, from 35,853 crore in Q1 of FY23.