Larsen & Toubro, India’s biggest engineering company, has posted a 15% growth in quarterly net profit on higher income and expects to maintain sales growth of 20% this fiscal by building more roads, railway networks and power plants. http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/LT-net-climbs-15-pc-to-Rs-666-cr/articleshow/6225254.cmsU.S. stocks lost ground on Tuesday, giving up short-lived gains after data showed consumer confidence fell in July to the lowest level since February on worries about the job market.
| RIL - Announces Q1 results | 27/07/10 17:42 | |
| Reliance Industries Ltd has announced the following Unaudited results for the quarter ended June 30, 2010: The Company has posted a net profit after tax of Rs 48510 million for the quarter ended June 30, 2010 as compared to Rs 36660 million for the quarter ended June 30, 2009. Total Income has increased from Rs 318960 million for the quarter ended June 30, 2009 to Rs 589500 million for the quarter ended June 30, 2010. |
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