Larsen & Toubro’s Q1 profit slips 37%
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Larsen & Toubro Ltd reported a net profit of Rs 600 Crores for its first quarter - more than a third lesser than last year. Last year the company reported a net profit of Rs 967 Crores for the three months that ended June.
The company has been looking to bounce back, however, low demand for its products affected its progress.
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